$BTC Price Action Analysis
BTC price action shows strong reliance above the support level, getting ready for a major move up. The $69,500 level has held pretty well, which aligns with the previous rally ATH. It is only a matter of time before we see significant movement.
Today, we have the ETH ETF deadline and the close of important candles (2-day, 3-day, and 4-day). These events could potentially trigger a major rally in BTC.
Key Levels to Watch:
3rd Buy Signal: $58,807.2
Current Support: $69,500
Next Resistance Zone: $75,317.8
1st Sell Target: $103,544.0
The strong support at $69,500 and the upcoming significant events make this an exciting time for BTC. Stay tuned for potential bullish movements!
Request your TA in the comments below and, as always, stay tuned!
Remember, this isn't financial advice. Always do your own research before making any trading decisions.
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