$BTC As expected, the buyers we were waiting for at 60,000 have arrived. To be able to say that buyers have strengthened, they first need to break the 64,500 level and then the 67,500 resistance.


If price stays above this level, we will be watching the 74-75,000 resistance levels.
However, as long as there is no staying above the 74,569 peak, the possibility of a decline still remains.
In deep pullbacks, we will keep following the 60,000 level. This level must be protected; otherwise, the selloff will deepen further.
The drop could continue toward the 55-50k support levels.
If the upward move continues as well, we will be monitoring the resistance levels at 74,569-82,885-98,000-109-107 bin. When it reaches the 109-107 bin region, this will become an important resistance.
BTC2.78%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned