BTC/USDT Important Update 🚨
If $BTC holds above the $70,600 support and approaches $72,000, it may signal a possible long position with a target of $74,000, following a breakout above resistance. If BTC fails to maintain support at $70,600, a short position targeting $68,000 may be considered as momentum may shift to the downside.
Immediate Support: $70,600, a level where buyers could step in to prevent further downside.
Resistance: $72,961, the recent high. A breakout above this could signal a continuation of the bullish trend.