The Bitcoin market is in an interesting situation right now. With the price around $68,000, we see a strong support forming. If it holds, it could be a good entry point for those looking to invest. On the other hand, if it breaks, we could go back down to $65,000, or even a little lower. The resistance is just above, around $70,000, so if we break it, there is a good chance that we will quickly go up to $72,000.
On the sentiment side, the indicators show that the market is still uncertain. Many are waiting to see how economic announcements will evolve, especially with central banks continuing to weigh on interest rates and crypto regulation. The trading volume is not very high, so traders are waiting for the right moment to enter or exit.
In summary, if you are looking to invest, keep a close eye on these key levels. You should not act in panic, but be ready to move at the right time. $BTC $ETH $SOL #Binance #NFT #Web3 #Polygon