BTC Important Update ⚠️
BTC is currently facing resistance at the 70.1k level, as seen from the repeated failed attempts to break above it. This level has been tested multiple times, confirming its strength as a resistance zone.
We are now observing a pullback, with BTC potentially heading towards the support level around 63.6k. This support zone has been tested before and could act as a strong foundation for a bounce.
If BTC can hold above the 63.6k support and 65.3k areas, we might see a consolidation phase before another attempt to break the resistance at 70.1k. A successful break above this level could lead BTC to new all-time highs.
Keep an eye on the trendlines and the support/resistance levels. Trade cautiously and always manage your risk.
Trade safe!