BTCUSDT: $70k or a Crash?
Aggiornato
Crucial Support Zone:
The chart highlights a significant support area ranging between 57.8K to 60k. This level has historically provided strong support, as indicated by multiple bounces within this zone.
Potential Upside:
A potential upside target is marked at 72k, representing a 23.26% gain from the current levels. This target aligns with the upper boundary of the channel.
Technical Indicators:
The price is currently testing the support zone, suggesting a possible rebound if the support holds.
If BTC fails to maintain this support, a further decline could ensue, targeting lower levels.
Not Financial Advice,
If you find this content informative then support us through your likes, reposts, comments, and by following us.
Regards,
Team Dexter.
#BTC
The chart highlights a significant support area ranging between 57.8K to 60k. This level has historically provided strong support, as indicated by multiple bounces within this zone.
Potential Upside:
A potential upside target is marked at 72k, representing a 23.26% gain from the current levels. This target aligns with the upper boundary of the channel.
Technical Indicators:
The price is currently testing the support zone, suggesting a possible rebound if the support holds.
If BTC fails to maintain this support, a further decline could ensue, targeting lower levels.
Not Financial Advice,
If you find this content informative then support us through your likes, reposts, comments, and by following us.
Regards,
Team Dexter.
#BTC
Commento
BTC is up 6% from its previous price level and is moving higher.
As we aim for BTC to hit the 70k range once again, it still has strong resistance to face, ranging between
67K and 67.5k.Currently, with the price at 63.4k, let's aim for
65K and then 67k.Hopefully, this week will be good for the market.
Do your own research before investing. This content is for educational purposes only.
Regards,
Team Dexter
#BTC #cryptocurrency
Commento
BTC Daily Close: $60,209
The daily candle is still maintaining the 60k support level, which is good. If we break this support level, we will likely enter the 57k range.
For now, the 60k support is holding strong. A rebound is likely unless BTC breaks down below the 60k support on the daily timeframe.
Do your own research before investing.
Trade safely.
#BTC
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