#BTCUSDT 4H
Bitcoin fluctuated between two ranges of 67250 and 69000 in the last 24 hours. The price is now 67,800 dollars and it is below the yellow trend line. If the daily candle closes below the price of 67,200, the possibility of touching the lower levels will increase. Keep an eye on the Fibonacci area of 78. If it reaches below this area, the price will fall to its lower levels. That is, we will reach $65,300, which may lead to an increase in selling pressure. For an upward scenario, from this point, we must break the resistances in front, which are 68,300, 69,000, 69,300, and then 70,000 dollars, and it will be stabilized.
#Bitcoin
#bitcoin
#btc
#cryptotrading
#btcusdt
#btcusdtrading
Bitcoin fluctuated between two ranges of 67250 and 69000 in the last 24 hours. The price is now 67,800 dollars and it is below the yellow trend line. If the daily candle closes below the price of 67,200, the possibility of touching the lower levels will increase. Keep an eye on the Fibonacci area of 78. If it reaches below this area, the price will fall to its lower levels. That is, we will reach $65,300, which may lead to an increase in selling pressure. For an upward scenario, from this point, we must break the resistances in front, which are 68,300, 69,000, 69,300, and then 70,000 dollars, and it will be stabilized.
#Bitcoin
#bitcoin
#btc
#cryptotrading
#btcusdt
#btcusdtrading
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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.