Bitcoin moved to the 4-hour support range of $70,500 - $70,150, found support, and then hit the resistance at $71,500, where it was initially rejected.
If Bitcoin breaks this resistance, it could move towards higher targets. Over the weekend, expect it to range within this area and complete a pullback before continuing upward towards $75,000. Currently, it is testing both static and dynamic resistance levels.
Key levels are: Support: $70,500 / Resistance: $71,500
If Bitcoin breaks this resistance, it could move towards higher targets. Over the weekend, expect it to range within this area and complete a pullback before continuing upward towards $75,000. Currently, it is testing both static and dynamic resistance levels.
Key levels are: Support: $70,500 / Resistance: $71,500
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