ANALYSIS #BTC/USDT
BTC faced a rejection from the resistance zone of 67k and is currently pulling back after a breakout we had already planned.
Despite the short-term weakness, the market structure remains bullish as long as the price doesn’t lose support at 64K and the upward trendline.
A bounce off support could trigger another attempt to hit 67.2K or even reach 68k to 72k. However, if we lose 64K, it could lead to a short-term correction to hunt the retail panic.
I’m @Armandosinaisvip
For anything, feel free to contact @giselesinaisvip
BTC faced a rejection from the resistance zone of 67k and is currently pulling back after a breakout we had already planned.
Despite the short-term weakness, the market structure remains bullish as long as the price doesn’t lose support at 64K and the upward trendline.
A bounce off support could trigger another attempt to hit 67.2K or even reach 68k to 72k. However, if we lose 64K, it could lead to a short-term correction to hunt the retail panic.
I’m @Armandosinaisvip
For anything, feel free to contact @giselesinaisvip
