📊NEUTRAL: $BTC (1D)
#BTCUSDT | #BTC | #Bitcoin
Current Price $65038.00
Market Cap $1282.85B
Change 1h +0.30% | 24h -0.67%
Daily Indicators:
• RSI: 39 - Neutral 🟠
• MACD: -330 - Bearish 🔴
• EMA: 67402 - Below 🔴
Analysis:
Bitcoin has reached a crucial weekly support level around $64,000, which is pivotal for market stability and potential reversal. There's an observed increase in BTC dominance and a decrease in altcoins, indicating a possible near-term bullish reversal if this support holds.
Price Targets:
If BTC maintains above $64,000, the next resistance to watch is around $70,000. Should the support fail, we might see a drop toward $60,000. Eyes on the movement this week to gauge the trend direction!