More than $2 billion in liquidity accumulated in the $63,000-$63,500 region on #Bitcoin .
Market making whales won't leave this liquidity uncleared at $BTC .
This area is also the support of the 100-day EMA. If this support works at #BTC , an upward recovery may come from here or from the next support at $62,000.
$BTC /USDT Technical Analysis & Trading Signal đ đâ ïž Current Price: $63,710.02 (-2.90%) 24h High: $66,849.24 đŒ 24h Low: $63,670.00 đœ 24h Volume: 26,945.34 BTC / 1.76B USDT Bollinger Bands (20, 2): Upper Band: $69,749.79 đ Middle Band: $66,570.27 đ Lower Band: $63,390.74 đ Key Levels: Resistance: $70,400.49 đ Support: $63,349.30 đĄïž Trading Data:đ 15m: $70,079.99 â±ïž 1h: $68,050.16 âČïž 4h: $65,699.83 âł 1D: $63,710.02 đ°ïž Overview:đ $BTC is currently trading at $63,710.02, marking a 2.90% decrease. The 24-hour trading range has seen a high of $66,849.24 and a low of $63,670.00, with significant trading volumes of 26,945.34 BTC and 1.76B USDT. The Bollinger Bands indicate potential volatility, with the price near the lower band at $63,390.74. Key resistance and support levels are at $70,400.49 and $63,349.30, respectively. Trading Signal:đ¶ Given the current technical indicators, the price is near the lower Bollinger Band and support level, suggesting potential movements in both directions. Buy Signal: Consider buying if the price holds above the $63,670.00 support level and shows signs of an upward trend. Target the middle Bollinger Band at $66,570.27 and potentially the upper band at $69,749.79. đ°đ Sell Signal: Consider selling if the price drops below the $63,349.30 support level, as this could indicate further downward movement. â ïžđ #BTC #TechnicalAnalysis #Cryptocurrency #Blockchain #MarketAnalysis