đ¨ đ¨Bitcoin Price Analysis: Bulls Eye $72,000! đ¨
Bitcoin đ faced a sharp rejection from the $70,000 resistance, signaling that bears đť are determined to defend higher levels. But donât count the bulls đ out just yet!
đ Key Levels to Watch:
⢠The $66,500 to $65,000 zone đŞ is expected to offer strong support on the downside.
⢠If Bitcoin bounces from this support, we could see the formation of a higher low, paving the way for a potential rally to $72,000 and beyond! đ
â ď¸ Crucial Resistance Zone Ahead:
⢠Buyers will face tough resistance between $72,000 and $73,777 đ.
⢠A failure to hold above $65,000 could weaken bullish momentum, possibly driving the price down to the 50-day SMA at $62,117. đ
đĄ Price Prediction: If Bitcoin rebounds from the support zone with strength, we could see an exciting rally toward $72,000 and potentially breaking into the $73,777 zone soon! đŻ Keep your eyes peeled for a possible breakout!
#ScrollOnBinance #UptoberBTC70K? #XRPDonationsUSElections #APESurge #APTSurpassesSUI
