Technical Analysis: $WBTC

/USDT

Current Price: $66,822.66

24h High: $66,822.66 (+1.44%)

24h Low: $64,642.62

Market Overview:

As we analyze the WBTC/USDT pair, the price has shown strong bullish momentum over the last 24 hours, reflecting a recovery after reaching its 24h low. The trading volume is also healthy, indicating continued interest among traders.

Target Levels 🎯:

1. Target 1: $68,000

This level serves as a psychological barrier and a key resistance point. If the price breaks above this level with significant volume, it could signal a continuation of the bullish trend.

2. Target 2: $70,000

A breakout above $68,000 could pave the way for WBTC to reach the $70,000 mark. This target aligns with historical resistance levels and the Fibonacci retracement levels, making it a crucial area to monitor for potential reversals.

3. Target 3: $72,500

Should the bullish momentum persist beyond $70,000, the next significant target is $72,500. This level would represent a new all-time high for WBTC, attracting further attention and potential buy pressure.

#BTCUptober #BNSOL #BTCSurges67K #10MTradersLeague #WeAreAllSatoshi