BTC/USDT monthly chart shows that after a deep pullback from the 126,000 high point, the price has rebounded strongly. It is currently reported at $85,171.
Below, the MA7 (74,100) forms a strong support, but above it faces key resistance from the MA25 (87,700). If there is a breakout above 87,700 with increased volume, it will likely resume the upward trend; otherwise, in the short term it may face consolidation and range-bound trading.
$BTC
$ETH
Below, the MA7 (74,100) forms a strong support, but above it faces key resistance from the MA25 (87,700). If there is a breakout above 87,700 with increased volume, it will likely resume the upward trend; otherwise, in the short term it may face consolidation and range-bound trading.
$BTC
$ETH
