Btc at confluence support. 68k still in play

30 Eyl

Since the beginning of the month, BTC has been in an uptrend, recently breaking above its previous high of 64,500. After reaching a high around the 66,500 zone, the price began to decline in what appears to be a correction.

Currently, the price is sitting right at a key confluence support level.
If we're aiming for a move toward 68k, the price needs to hold above this level and not close the day below it.
However, if the price drops below this support, there's a strong chance that we've reached a local top, and further losses may follow.