Bitcoin ($BTC
#USJoblessClaimsFallTo206000 #WalmartFalls7% #FASBProposesStablecoinsAsCashEquivalents #GrayscaleFilesToListZcashTrustOnNYSEArca #KOSPICloses5.9%HigherOnChipmakerBuybacks )
Bitcoin is showing strong bullish momentum, trading around $72K after breaking above $70K. BTC has gained about 14.7% over the past 7 days.
๐ข Resistance: $73Kโ$75K
๐ก Support: $69Kโ$70K
๐ด Below $69K: risk of a deeper pullback.
Outlook: If BTC breaks and holds above $75K, bullish momentum could strengthen further. However, after such a rapid rise, some profit-taking and volatility are likely.
Not financial advice. Crypto markets are highly volatile.
#USJoblessClaimsFallTo206000 #WalmartFalls7% #FASBProposesStablecoinsAsCashEquivalents #GrayscaleFilesToListZcashTrustOnNYSEArca #KOSPICloses5.9%HigherOnChipmakerBuybacks )
Bitcoin is showing strong bullish momentum, trading around $72K after breaking above $70K. BTC has gained about 14.7% over the past 7 days.
๐ข Resistance: $73Kโ$75K
๐ก Support: $69Kโ$70K
๐ด Below $69K: risk of a deeper pullback.
Outlook: If BTC breaks and holds above $75K, bullish momentum could strengthen further. However, after such a rapid rise, some profit-taking and volatility are likely.
Not financial advice. Crypto markets are highly volatile.