1. **Support Levels (Green Lines):**
$( 67,243.1 - 65,929.2 )
2. **Resistance Levels (Red Lines):**
$( 73,895.4 - 71,939.8)
$70,584.3
$69,392.2
3. **Current Price Level:**
- Around 69,800.0 (indicated by a dashed line)
4. **Chart Patterns:**
- The chart shows upward and downward trends.
- There is a highlighted upward trend channel (blue shaded area) indicating a possible bullish trend.
- A previous consolidation pattern is also visible (purple shaded area).
5. **Interpretation:**
- If BTC breaks above the resistance levels, it could signal a strong upward move.
- If BTC falls below the support levels, it might indicate a bearish trend.
- Traders can use these levels to plan entry and exit points.
This analysis helps in understanding potential price movements and planning trades accordingly.
Best of Luck...!!
#Bitcoin_Coneference_2024 #BTC☀ #bitcoin☀️ #BinanceHODLerBANANA #bitcoinetfdaynewsupdate $BTC