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#Marketupdates $BTC has established solid 4-hour support at $66.8k. The most recent 4-hour candle closed above the $67.8k resistance for the first time, which was a key level we’ve been monitoring. The current 4-hour candle is critical in determining whether this is merely a deviation (if it closes back under $67.8k) or a confirmed breakout aiming for a move up towards $69.2k. $66.8k and below is my primary area of interest for any potential retest. Traders should keep a close eye on these levels to gauge the next steps in the market. #CashStrategy #TraderAlert
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#Marketupdate #Bitcoin❗ made a significant move yesterday, breaking through the critical resistance level at $66.4K, which corresponds to both Monday's high and the previous month's high. Following this breakout, we've already seen a retest of this level with a positive reaction, indicating bullish momentum. There's potential for Bitcoin to push towards the all-time high of $69K from 2021. The weekly chart presents a favorable outlook, suggesting a possible breakout from a seven-month downtrend. Should there be any corrections today, the mid-$65K area will be an important support level to monitor. Overall, the current technical indicators and price action are encouraging for Bitcoin's upward trajectory.
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#Market_Update Yesterday's market update played out perfectly—4-hour support at $64.4k (previous week high) held, leading to a move to $66.4k (previous month high). This level is now acting as solid resistance, which is to be expected. From here, I am looking at the reaction on any retest of $64.4k. Alternatively, a 4-hour close above $66.4k could quickly set us on the path to $68k.
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