General trend 📉↔️📈

$BTC $LISTA $ZRO

Bitcoin is trading inside a downward channel. Recent movements indicate a sideways trend with recent gains within the channel.

Support and resistance levels 🔒📈

  • Resistance: $71,606

  • Support: $60,980

Moving Averages (MA) 📊

  • MA 7: $66,563

  • MA 25: $61,732

  • MA 99: $64,419

Moving averages show a decline, but there are attempts to recover in the short term.

The indicator is 💹

  • Parabolic SAR: $62,595 (indicating continued growth possible)

  • Ichimoku: The price is in the cloud, which indicates that the trend is unclear.

Conclusions 🔍

  1. Short-term forecast: Growth to the upper boundary of the channel ($71.606) is possible.

  2. Long-term forecast: The downward trend continues, but a reversal is possible when resistance is overcome.

Be attentive to resistance and support levels and monitor price behavior in the Ichimoku cloud for a more accurate trend determination.

📈🛠️ Happy bidding! 🛠️📈

#cryptousdua