Bitcoin ($BTC) is holding the retest after sweeping the stop orders below the $83K region.
However, buyers need to push the price up from this zone soon, as losing this current level could take us to test the mid-$70K range, where the price aligns with the 200-period Exponential Moving Average (EMA) on the daily chart and the bull market support band.
However, buyers need to push the price up from this zone soon, as losing this current level could take us to test the mid-$70K range, where the price aligns with the 200-period Exponential Moving Average (EMA) on the daily chart and the bull market support band.