As of today, $BTC is trading near a key #support zone between £66,000 and £67,500 on the 4-hour chart. After a recent decline from the £69,500 resistance level, the price is now consolidating, indicating potential for a significant move.
Two scenarios are possible: if Bitcoin maintains its support, it could rebound towards the £69,500 resistance. However, a failure to hold above this zone could lead to a further drop below £66,000.
Traders should watch for a breakout or breakdown in the coming sessions as #Bitcoin remains at a critical point.
You can more analyze by click on this chart 👇