Yesterday
BTC
rose above the light blue resistance zone, and rallied towards previous all time highs around $69k. However, BTC stopped just short of reaching new all time highs at the orange trendline. There has been a pullback and retest of
65K
, and BTC is continuing to show some strength this morning with a bullish bounce. I think the price is likely to trade sideways below
69K
for now, and we'll see if BTC starts to break down over the next few days.
BTC
Attempting a Bullish Retest of $63.9K Here
BTC
has started dropping, but BTC is attempting to form a bullish retest of this $63.9k resistance line to flip it into support here. Looks like there will be a bounce and rebound here. I think BTC could continue trading between
64K
and
69K
for now.
BTC
rose above the light blue resistance zone, and rallied towards previous all time highs around $69k. However, BTC stopped just short of reaching new all time highs at the orange trendline. There has been a pullback and retest of
65K
, and BTC is continuing to show some strength this morning with a bullish bounce. I think the price is likely to trade sideways below
69K
for now, and we'll see if BTC starts to break down over the next few days.
BTC
Attempting a Bullish Retest of $63.9K Here
BTC
has started dropping, but BTC is attempting to form a bullish retest of this $63.9k resistance line to flip it into support here. Looks like there will be a bounce and rebound here. I think BTC could continue trading between
64K
and
69K
for now.
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There is a free trial period for the group
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