Hello everyone, let's take a look at the latest situation of #Bitcoin today. There has been significant price movement in the global market recently, and Bitcoin is currently trading at the $57,000 level. #BlackRockETHOptions
The critical region for us is the $59,000 level, which stands as an important resistance. We need to see a daily close above this level with strong volume. With closures above the $59,000 level, the $71,000 level is identified as the next major resistance region. $BTC
After Bitcoin's price dropped to the $49,000 level, it showed a strong recovery. On the buying side, purchases on Coinbase have created a positive impact on the market. However, there is not yet a significant spot buying movement observed on #Binance
Looking at the overall structure, as you can see in the chart, the purple shaded area indicates that for Bitcoin's rise to continue, it needs to surpass the $59,000 level and make daily closes above it.
I wish everyone profitable trading 💐
