BitcoinLong
BTCUSD may resume its upward trend
On the daily chart, BTCUSD stabilized after falling back to the previous demand zone, and there is a rebound demand in the short-term market. At present, attention can be paid to the resistance near 70,000. If it breaks through, it is expected to continue to rise. The upper resistance is around 73,600. If it breaks through, it will open up space for upward movement. If the price falls below the support near 65,000, a downward trend will begin.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.