🛑🛑🛑 BTC/USDT Analysis 🛑🛑🛑 $BTC $PEOPLE $NOT
🔹 Current price: $67,671.00 📉
🔹 Main levels:
Resistance:
$69,188.66 🔺
$78,008.03 🔺
Support:
$61,000.00 🔻
$57,500.00 🔻
🔹 Indicator:
SAR (Parabolic SAR): Indicates a downtrend as the SAR points are above the price. 💡
🔹 Technical analysis:
BTC price is moving in a descending wedge (blue line), which is a bearish signal. 📉
The green area indicates strong support in the $61,000 - $60,000 area. 💪
A break below current support could result in a fall to the next support level at $57,500. 🛑
🔹 Potential scenarios:
📈 Bullish scenario: A break above the resistance at $69,188.66 could lead to a rise to $78,008.03 and above.
📉 Bearish scenario: Continuation of the downward trend with a breakdown of the current support at $61,000 could lower the price to $57,500.
🔹 Conclusion: BTC/USDT is in the uncertainty zone with the current downtrend. It is necessary to closely monitor key support and resistance levels to determine further direction of movement. 📉📈
