BTC: Are we gonna see $70k once again?
BTC Price Update:
BTC showed a strong rebound from the support level, with a daily close at $61,685. The current price stands at $61,250, reflecting a solid 14% gain in a single day.
We are likely to see BTC hitting the resistance level soon, with some minor corrections along the way. I expect BTC to consolidate in the 57.5k to 58k range before rebounding toward the resistance level.
If the price experiences some corrections, it could be a good opportunity to accumulate more or re-enter into BTC.
Remember, every dip in BTC is an opportunity.
Do your own research before investing.
Trade safely.
Regards,
Team Dexter
#BTC #Crypto
BTC showed a strong rebound from the support level, with a daily close at $61,685. The current price stands at $61,250, reflecting a solid 14% gain in a single day.
We are likely to see BTC hitting the resistance level soon, with some minor corrections along the way. I expect BTC to consolidate in the 57.5k to 58k range before rebounding toward the resistance level.
If the price experiences some corrections, it could be a good opportunity to accumulate more or re-enter into BTC.
Remember, every dip in BTC is an opportunity.
Do your own research before investing.
Trade safely.
Regards,
Team Dexter
#BTC #Crypto
Note
BTC has shown no significant changes in the daily timeframe. The price remains steady at the 61k level and still aims to hit the higher resistance, possibly around 70k.
The 60k level is once again acting as strong support, but if BTC breaks below this support, a drop to the 57.5k to 58k range is expected.
Trade safely, and make sure you do your own research before investing.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.