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💵 $BTC Analysis🛑 BTC Support is at $66,500 and $63,500. Resistance is at $70,000 and $72,000. Trade carefully and manage your risk according to mentioned support and resistance level.s For BTC to remain bullish, it should avoid closing below $66,500 daily. A close below this level increases the probability of a retracement towards $63,500. BTC stays above $68,000 and makes daily candle closes above this level, the probability of testing $70,000 and $72,000 increases. #btc70k #buythedip #EarnFreeCrypto2024 #BinanceLaunchpool

💵 $BTC Analysis🛑

BTC Support is at $66,500 and $63,500. Resistance is at $70,000 and $72,000. Trade carefully and manage your risk according to mentioned support and resistance level.s

For BTC to remain bullish, it should avoid closing below $66,500 daily. A close below this level increases the probability of a retracement towards $63,500. BTC stays above $68,000 and makes daily candle closes above this level, the probability of testing $70,000 and $72,000 increases.

#btc70k #buythedip #EarnFreeCrypto2024 #BinanceLaunchpool

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Bitcoin bull flag joins MACD to tease new BTC price all-time high next Bitcoin traders remain bullish over a BTC price breakout despite months of consolidation — and on-chain data supports them. #Bitcoin❗ $BTC $67,872 could be preparing to repeat its ascent to all-time highs from March, on-chain analysis shows. In a post on X (formerly Twitter) on June 2, popular trader and commentator Alan Tardigrade drew a key comparison to BTC price action now and in mid-February. Bitcoin on-chain metric echoes run-up to all-time high Bitcoin needed less than a month to hit new all-time highs earlier this year when a classic on-chain indicator flashed green. Now, the same setup is in the process of executing — with clear implications for BTC price strength. “Coincidence or Price action??” Tardigrade queried while presenting the phenomenon. “Bull Flag and MACD Bullish Cross at the same time. After a breakout to the Bull Flag, $BTC will surge higher.” BTC/USD 3-day chart with MACD data. Source: Alan Tardigrade/X Three-day MACD has long been on the radar for market observers tracking the current Bitcoin bull market. In late December, data from Cointelegraph Markets Pro and TradingView confirms, a trip back into “red” territory preceded the turbulence around the debut of the United States’ spot Bitcoin exchange-traded funds, or ETFs. BTC/USD 3-day chart with MACD data. Source: TradingView Never mind the BTC price consolidation Tardigrade adds to the varied opinions over the current sideways BTC price landscape. Now consolidating below the March highs for nearly three months, Bitcoin, some warn, will continue to stay rangebound for weeks or more. That has not stopped sky-high BTC price predictions from making a return, among them a $150,000 target for 2024 by research firm Fundstrat Global Advisors. June, meanwhile, has traders eyeing $85,000 or more. #StartInvestingInCrypto #Megadrop #MtGox #squarecommunity
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