đ¨ BITCOIN SUPPORT ZONE HIT â OUR YESTERDAYâS BTC ANALYSIS IS NOW IN FOCUS!
Yesterday, we highlighted $67,500â$68,000 as Bitcoinâs immediate support zone.
BTC dropped into that exact zone, with the Binance daily candle recording a low near $67,568.
Now BTC is trading around $69,033 (latest Binance price observed).
The big question: Is this the beginning of a relief bounce?
đ WHAT HAPPENED AFTER YESTERDAYâS ANALYSIS?
â Our identified support zone was tested.
â Buyers stepped in around the support area.
â BTC recovered towards $69,000.
But one bounce does not confirm a trend reversal.
đ WHAT TO WATCH NEXT
đš $67,500â$68,000: Support zone that needs to hold.
đš $70,000: First psychological hurdle.
đš $72,300: Important recovery level.
đš $75,300â$75,750: Stronger resistance zone.
đ BULLISH SCENARIO: Sustained buying pressure and a move above $70,000 could open the door for a recovery towards higher resistance.
đ BEARISH SCENARIO: Losing the $67,500 support zone could bring renewed selling pressure.
â ď¸ MY TAKE
Yesterdayâs support level has passed its first important test. Now we need confirmation from buyers.
đŹ WHAT DO YOU EXPECT NEXT?
1ď¸âŁ BTC recovery towards $72K
2ď¸âŁ Another rejection below $70K
3ď¸âŁ Breakdown below $67.5K
Share your view!
Follow @Crypto Universe 369 for data-driven Bitcoin analysis and crypto market updates.
#bitcoin #BTC #Binance #crypto
$BTC
Yesterday, we highlighted $67,500â$68,000 as Bitcoinâs immediate support zone.
BTC dropped into that exact zone, with the Binance daily candle recording a low near $67,568.
Now BTC is trading around $69,033 (latest Binance price observed).
The big question: Is this the beginning of a relief bounce?
đ WHAT HAPPENED AFTER YESTERDAYâS ANALYSIS?
â Our identified support zone was tested.
â Buyers stepped in around the support area.
â BTC recovered towards $69,000.
But one bounce does not confirm a trend reversal.
đ WHAT TO WATCH NEXT
đš $67,500â$68,000: Support zone that needs to hold.
đš $70,000: First psychological hurdle.
đš $72,300: Important recovery level.
đš $75,300â$75,750: Stronger resistance zone.
đ BULLISH SCENARIO: Sustained buying pressure and a move above $70,000 could open the door for a recovery towards higher resistance.
đ BEARISH SCENARIO: Losing the $67,500 support zone could bring renewed selling pressure.
â ď¸ MY TAKE
Yesterdayâs support level has passed its first important test. Now we need confirmation from buyers.
đŹ WHAT DO YOU EXPECT NEXT?
1ď¸âŁ BTC recovery towards $72K
2ď¸âŁ Another rejection below $70K
3ď¸âŁ Breakdown below $67.5K
Share your view!
Follow @Crypto Universe 369 for data-driven Bitcoin analysis and crypto market updates.
#bitcoin #BTC #Binance #crypto
$BTC
