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LIVECryptoAnalyst786
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#Bitcoin Daily Update: 🪙
$BTC hit resistance at the expected uptrend line. It's still bullish on the weekly chart but neutral daily.
Consolidation is ongoing with a possible upward move ahead 📈. As long as Bitcoin stays above $63,000, it should keep consolidating in the upper part of the channel.
If the H4 uptrend breaks and the daily close drops below $65,000, expect a retest of support around $63,000 ⚠️. This consolidation might last several days, so the outlook remains neutral for now.
Key Resistance Levels:
$68,250 & $70,000
Key Support Zones [Local]:
$65,000 and $64,900
Tips:
- Watch for movements in #altcoins while #BTC consolidates 📈.
- We're at the upper part of the channel facing strong resistance 🚨.
- Swing trading #Bitcoin could be tricky; focus on #altcoins with breakout potential.
$BTC hit resistance at the expected uptrend line. It's still bullish on the weekly chart but neutral daily.
Consolidation is ongoing with a possible upward move ahead 📈. As long as Bitcoin stays above $63,000, it should keep consolidating in the upper part of the channel.
If the H4 uptrend breaks and the daily close drops below $65,000, expect a retest of support around $63,000 ⚠️. This consolidation might last several days, so the outlook remains neutral for now.
Key Resistance Levels:
$68,250 & $70,000
Key Support Zones [Local]:
$65,000 and $64,900
Tips:
- Watch for movements in #altcoins while #BTC consolidates 📈.
- We're at the upper part of the channel facing strong resistance 🚨.
- Swing trading #Bitcoin could be tricky; focus on #altcoins with breakout potential.
Aviso legal: Se incluyen opiniones de terceros. Esto no representa una asesoría financiera. Puede haber contenido patrocinado. Lee los TyC.
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