Market Update:
In the last few days, Bitcoin's price has dropped by more than 10%, following a rejection at the $67,000 level.
BTC has now fallen to the critical support area at $61,000.
Technical Outlook:
The market is currently oversold, and there is potential for BTC to rise and test the next resistance level around $64,000.
It is crucial that the $61,000 support level holds, as a break below this area could trigger a deeper decline, with the next lower range support around $57,000.
#Bitcoin #BTC #CryptoUpdate #SupportLevels #Oversold #BTCPriceAction
In the last few days, Bitcoin's price has dropped by more than 10%, following a rejection at the $67,000 level.
BTC has now fallen to the critical support area at $61,000.
Technical Outlook:
The market is currently oversold, and there is potential for BTC to rise and test the next resistance level around $64,000.
It is crucial that the $61,000 support level holds, as a break below this area could trigger a deeper decline, with the next lower range support around $57,000.
#Bitcoin #BTC #CryptoUpdate #SupportLevels #Oversold #BTCPriceAction
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.