๐ $BTC Market Update
Bitcoin is currently trading around a key technical zone after rejecting from the lower boundary of a bearish structure.
๐ What to watch next? โข A sustained move below $64,250 could strengthen bearish momentum and trigger another leg lower. โข However, if buyers continue defending this area, BTC may reclaim higher levels and re-enter the previous trading range.
๐ฏ Bullish Targets โ $65,700 โ First resistance zone
โ $67,000 โ $68,000 โ Major upside target area
โ ๏ธ The upcoming 4H candles will be crucial, as they could determine the direction of the weekly close and set the tone for the next market move.
๐ Traders should remain patient and wait for confirmation before entering new positions.
#BTC
Bitcoin is currently trading around a key technical zone after rejecting from the lower boundary of a bearish structure.
๐ What to watch next? โข A sustained move below $64,250 could strengthen bearish momentum and trigger another leg lower. โข However, if buyers continue defending this area, BTC may reclaim higher levels and re-enter the previous trading range.
๐ฏ Bullish Targets โ $65,700 โ First resistance zone
โ $67,000 โ $68,000 โ Major upside target area
โ ๏ธ The upcoming 4H candles will be crucial, as they could determine the direction of the weekly close and set the tone for the next market move.
๐ Traders should remain patient and wait for confirmation before entering new positions.
#BTC
