Today's analysis: Is $BTC ready to break 67,000?
After last week's correction, $BTC is currently trading above strong support at 63,500.
Bullish scenario:
If it closes above 65,200 for the day, the next target is 67,000–68,500. The RSI on the 4-hour timeframe has started to recover, which supports further gains.
Bearish scenario:
A break below 63,500 could take us down to 61,000, which is a good buying zone for long-term investors.
I think the market is currently a place to buy in stages, not to sell out of fear. Proper capital management is more important than predictions.
What do you think? Do you think $BTC will break its high before the end of the month?
#Write2Earn
After last week's correction, $BTC is currently trading above strong support at 63,500.
Bullish scenario:
If it closes above 65,200 for the day, the next target is 67,000–68,500. The RSI on the 4-hour timeframe has started to recover, which supports further gains.
Bearish scenario:
A break below 63,500 could take us down to 61,000, which is a good buying zone for long-term investors.
I think the market is currently a place to buy in stages, not to sell out of fear. Proper capital management is more important than predictions.
What do you think? Do you think $BTC will break its high before the end of the month?
#Write2Earn