📊 #bitcoin☀️ Analysis BTC bounced off the strong $60K sup | Aqib490 on Binance Square

Trending Articles

Bookmarked and Liked

--

📊 #bitcoin☀️  Analysis
BTC bounced off the strong $60K support, currently trading at $62.2K. 
🚀 Eyes on the $72K-$74K resistance zone for the next big move! Watch out for volume spikes—could indicate strong market sentiment. 📈 
#BTC #CryptoNewss  #tradingview  #AqibAlpha 

Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.

BTC

62,044.98

-0.23%

759

0

Replies 0

Explore the latest crypto news

⚡️ Be a part of the latests discussions in crypto

💬 Interact with your favorite creators

👍 Enjoy content that interests you

Email / Phone number

Relevant Creator

@Square-Creator-fb6b163ef39e

Explore More From Creator

$SHIB /USDT Analysis 🚀 $SHIB has successfully broken out of a descending trendline, indicating a bullish reversal in the short term. The current price action shows a strong upward momentum, with a significant price gain of +6.53%. This breakout above the resistance level of 0.00001712 could potentially lead to further upward movement. 🔍 The increasing buy-side pressure suggests that bulls are gaining control, and if the trend continues, we could see $SHIB test higher resistance levels around 0.00001750 - 0.00001800. Short-term traders may find this a key point for entry, but caution is advised as volatility remains high. 💡 Stay updated and manage risk accordingly as SHIB's upward breakout could lead to dynamic price action in the next sessions. #shiba⚡ #BTC☀ #ETHETFsApproved #AqibAlpha #SECAppealRipple

--

Support Zone: The chart shows Bitcoin ($BTC /USDT) on a daily timeframe, currently hovering around the $60,000-$62,000 support level, which has been tested multiple times in the past. The price action demonstrates a possible consolidation at this area, with the bulls defending this key zone. Resistance Level: The next significant #resistance lies in the $66,000-$68,000 range. This area has acted as a ceiling during previous rallies, and any upward movement is likely to face strong resistance here. Volume: Volume is relatively moderate, indicating that the price is being supported but without significant breakout pressure yet. A spike in volume could signal an imminent move in either direction. Range-Bound Trading: The chart suggests that $BTC is trading within a broader range. With support holding at $60,000 and resistance at $66,000, the market could continue in this sideways pattern until a clear breakout or breakdown occurs. Potential Move: If bulls can maintain support above the $60,000 zone, the price could aim for a push toward $66,000 and beyond. However, if support fails, a deeper retracement toward the next lower support at around $55,000-$56,000 could come into play. #bitcoin☀️ #WeAreAllSatoshi #HBODocumentarySatoshiRevealed #AqibAlpha

--

Bitcoin Update: $BTC is currently consolidating around the critical support level of $60K-$62K. Bulls have been defending this zone, but momentum seems to be lacking as we approach key resistance near $66K. With volume still moderate, the price could remain range-bound between $60K support and $66K resistance until we see a clear breakout. A strong push past $66K could ignite a rally toward $70K, while failure to hold the $60K support may trigger a move down to $55K. Eyes on this level for potential volatility ahead. 🔥📊 #BTC #bitcoin☀️ #WeAreAllSatoshi #BinanceLaunchpoolHMSTR #AqibAlpha

--

The price of $XMR is bouncing from the support of the range! The next target for #Monero is the resistance area. Currently trading between $135 (support) and $180 (resistance), Monero has shown strong buying pressure off the lower end of this range. If bulls can maintain momentum, the next test will be the $180 resistance level. A successful breakout could propel $XMR towards $220 or higher. However, we may see some consolidation within this range before any major breakout. 🔥💪 #CryptoNewss #BinanceLaunchpoolHMSTR #WeAreAllSatoshi #AqibAlpha

--

📊 Bitcoin Price Action Analysis 📊 $BTC is currently hovering around a critical support zone between $60K-$62K. The recent dip below this level was met with strong buying pressure, as shown by the bounce back above the support. This region has proven to be crucial for the bulls, and whether it holds could dictate the next major move. A sustained break below may lead to further downside, but if buyers can keep the momentum, we might see a strong recovery soon. Monitoring this level closely is essential for short-term trades. 🚀📉 #bitcoin☀️ #BTC☀ #CryptoAnalysis #BinanceLaunchpoolHMSTR #AqibAlpha

--

Latest News

Peter Schiff Warns Of Economic Collapse And Financial Losses

--

Binance Market Update (2024-10-06)

--

U.S. Spot Bitcoin ETFs Experience $300 Million Weekly Outflow, Ending Three-Week Inflow Trend

--

Hippo Surpasses Moodeng In Market Value

--

1131 Million APT Tokens to Be Unlocked on October 12

--

Trending Articles

Ripple Under the Microscope As the SEC’s Notice of Appeal Opens Doors to Settlement

Will Bitcoin Price Crash As ‘Uptober’ Faces Cancellation? Elite Analyst Weighs in

If you want to become a profitable trade

Bitcoin is Ready to Crash Again!!!

AshutoshKumar07

Don’t Buy Shiba Inu (SHIB) or Dogecoin (DOGE)! This Ethereum Token Could Be the Real Opportunity

Cookie Preferences

ba-one-trust-cookie