Bitcoin/USDT Price Analysis: Time to Sell?
Updated
Currently, Bitcoin is trading around $67,598 after being rejected at the resistance level of $69,384. A clear downtrend is forming with lower highs and lower lows, indicating a potential drop towards $62,223.
Resistance: $69,384
Support: $62,223
Strategy: Consider selling if the price falls below $67,000. Profit targets at $65,845 and $62,223, with a stop loss above $69,384.
Short-term outlook suggests further downside due to strong selling pressure.
Resistance: $69,384
Support: $62,223
Strategy: Consider selling if the price falls below $67,000. Profit targets at $65,845 and $62,223, with a stop loss above $69,384.
Short-term outlook suggests further downside due to strong selling pressure.
Trade active
.
✅Are you looking for high-quality trading signals, in-depth market knowledge, and free support?
Join me and gain access to all of this for free!
✅Click the link below:
t.me/protradecoin123
Join me and gain access to all of this for free!
✅Click the link below:
t.me/protradecoin123
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.