BTCUSDT Daily Update
Bitcoin (BTCUSDT) experienced a significant downturn today, shedding nearly 4.89% of its value. Similar to yesterday's trend, the price rebounded from the 62.4k support level. Currently, BTC is trading above the midline of a parallel channel.
Key levels to watch:
Resistance: $64,980 - A daily close above this level could signal bullish momentum in the short term.
Support: Midline of the parallel channel - Failure to hold above this level might lead to a retest of the 60k support zone.
Given the recent price action, entering a spot position could be a viable strategy. However, as always, exercise caution and consider implementing risk management techniques.
Happy trading!
Key levels to watch:
Resistance: $64,980 - A daily close above this level could signal bullish momentum in the short term.
Support: Midline of the parallel channel - Failure to hold above this level might lead to a retest of the 60k support zone.
Given the recent price action, entering a spot position could be a viable strategy. However, as always, exercise caution and consider implementing risk management techniques.
Happy trading!
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Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.