Which way for BTC?
I think there is a possibility that BTC can retest the old ATH, if it can successfully break through, it can reach the price range of $ 71,400 - $ 72,900.
However, BTC first needs to handle a critical resistance zone of $ 55,500. If BTC fails to break out, it will most likely return to retest the support zones of $ 53,800, $ 52,500, and $ 50,500 in turn.
In case BTC can break through the $ 55,500 resistance and have enough momentum to move up, the resistance zones of $ 57,900, $ 59,200, $ 61,600 are also quite important.
BTC's upward path is quite arduous when it comes to regaining old support zones in turn. But the uptrend of BTC is still quite optimistic.
Pleas give me some opinions.
Note: This is not financial advice. Trade carefully and always limit your leverage and use tight stop loss.
However, BTC first needs to handle a critical resistance zone of $ 55,500. If BTC fails to break out, it will most likely return to retest the support zones of $ 53,800, $ 52,500, and $ 50,500 in turn.
In case BTC can break through the $ 55,500 resistance and have enough momentum to move up, the resistance zones of $ 57,900, $ 59,200, $ 61,600 are also quite important.
BTC's upward path is quite arduous when it comes to regaining old support zones in turn. But the uptrend of BTC is still quite optimistic.
Pleas give me some opinions.
Note: This is not financial advice. Trade carefully and always limit your leverage and use tight stop loss.
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