After encountering significant resistance near the 38,000 level, BTC showed resilience by rebounding from its established support zone around 35,000 📉. However, this rally was short-lived as it faced a setback at the 100 SMA line, redirecting its course back to the 35,000 region 🔄. The sustainability of the 35,000 support is now a critical factor for Bitcoin's next directional move. It remains uncertain if this support can hold, but its role is crucial for any potential upward momentum 📈. We'll continue to monitor this closely and provide bi-daily updates on Bitcoin's price action. Stay connected for the latest insights.
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GreenCrypto