In short, Bitcoin is moving sideways between a buy block order and represents strong support from the 60800 to 59500 areas and a sell block order from the 71728 to 73750 areas and represents strong resistance.
In addition to the downward channel that Bitcoin is still moving in, and also a bullish banner pattern that is activated by breaking and closing above 68 thousand.
This means that as long as Bitcoin is above 59,500, it is good, and support from 60-59 is good and a return to the price, and it is an area of return of opportunity for what follows later. When will there be concern about the correction by closing more than daily below this order, a block or weekly, and it should be updated after reaching the 71k areas?
Do not be overwhelmed by the upcoming movement, because there is a cross-section between support and resistance, and the relief in terms of the chart is near, and if the correction occurs, it may be with flash candles, and I will update you successively. #solana #Binance #bitcoin
Bitcoin Chops Around $64K, With Japanese Yen's Tumble Maybe Signaling 'Currency Turmoil,' Analyst Says
The yen's volatile episode may spread to other fiat currencies as U.S. rate cuts remain elusive amid sticky inflation, which could drive investors to gold and bitcoin, Noelle Acheson said in an interview.
Advice from a market professional: The crypto market will witness the largest crypto bottom in the history of the capital division and Azouz. Only after October will the currencies fly. Follow for more news ❤️ #solana #Binance #BTC #Web3 #DeFi