🔥 $BTC after dropping yesterday, it has managed to find a support trend line 'roughly' around the $62k area. Since then, it has managed to bounce slightly off this level 📈.
Currently, there are a few resistance areas above at $62,600 and a resistance trend line at $63,800 🚧.
If we can build some momentum and break above the first level of resistance, then we should hopefully be able to head towards the upper resistance trend line 🚀.
However, we now have the support trend line sitting around $61,800 📉. What do you think? 🤔 Are we able to break this level of resistance and continue higher, or are we going to head back and test that level of support first with lower targets below? Just in case you don't hold, let me know your thoughts 💬. #BTC #BTC Price Analysis#