🚨 Bitcoin (BTC/USDT) Technical Analysis 🚨
$BTC
Current Price: $67,700.98 (+2.54%)
24h High: $67,998.00
24h Low: $65,260.00
📈 Key Indicators:
SAR (Parabolic SAR): 65,260.00 – As long as the price stays above this level, a bullish trend is intact. Any drop below this could signal a trend reversal.
Bollinger Bands:
Upper Band: $69,519.52
Lower Band: $65,260.00
Price is moving close to the upper band, indicating potential resistance near $69,500.
MACD: 3.74% – Strong bullish momentum, but watch out for a reversal if short-term pressures (-3.59%) continue.
🎯 Targets:
1. Target 1: $69,500 – Closely aligned with the upper Bollinger Band, expect strong resistance at this level.
2. Target 2: $71,200 – If the bullish momentum continues, we could see this as the next breakout level.
3. Target 3: $72,800 – The final resistance point before potential profit-taking, aligning with key psychological and historical levels.
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