June 30, 2024
⚪️TECHNICAL (1D)
Bitcoin has bounced off the horizontal support and is breaking out of the trend line resistance. A bullish confirmation would be indicated by a candle close above the trend line or a successful retest of this level. With the weekly and monthly candle closes approaching, we might see increased volatility in the market.
⚪️WRAP-UP (VIP)
BTC bounced from horizontal support and is breaking trend line resistance. Bullish confirmation requires a candle close or successful retest of the trend line. Approaching weekly and monthly closes may bring market volatility.
$BTC DAILY RANGE:
📈Upper Limit: 61800
📉Lower Limit: 60300
(+-12% based on moving average volatility open/endpoints)