BTCUSDT $63,490
Bitcoin has been stuck in a 3-month range after the drop from 71.6k.
Current price: 63490
Key resistance: 65.1k - 67.3k zone. Need a daily close above to flip bullish.
Key support: 60.8k - 58.7k. A break below opens door to retest June lows.
Volume has dried up = compression before expansion.
What do you think, breakout up or breakdown next?
#BTC #bitcoin #Trading
Bitcoin has been stuck in a 3-month range after the drop from 71.6k.
Current price: 63490
Key resistance: 65.1k - 67.3k zone. Need a daily close above to flip bullish.
Key support: 60.8k - 58.7k. A break below opens door to retest June lows.
Volume has dried up = compression before expansion.
What do you think, breakout up or breakdown next?
#BTC #bitcoin #Trading