Bitcoin Update in Daily Timeframe

Updated
BTC Update:

In the last 24 hours, BTC touched the 70k range but quickly got rejected back to 67.5k.

In this daily time frame, it is clear that BTC must break above the blue box to set a new high. The 65K support still holds strong and is likely to maintain it for now.

Do your own research before making any decisions.

Regards,
Team Dexter.
Comment
snapshot

Bitcoin is currently trading below its all-time high resistance zone, with significant support levels at 65K and 60k.

BTC has been between 67K and 70k since May 21st, and as we enter June 2024, it’s a call to action.

Can we expect a new all-time high in June 2024? You never know!

Initial support: 65K
Resistance: 70k

Do your own research before making any decision.

#BTC #crypto
Comment
snapshot

Here comes the real deal!

BTC has successfully crossed SWB:69K and is currently at 70.8k.

As mentioned earlier, BTC must break above the 71k resistance on the daily timeframe.

Bullish: A breakout and close above the daily resistance will possibly lead BTC to the all-time high range or a new all-time high. 👀

Bearish: A rejection from the resistance on this daily timeframe is likely to pull the price back to 67K or 65k.

Do your own research before investing.

#crypto #btc
btctechnicalanalysisbtcupdateBTCUSDbtcusdanalysisChart PatternsTechnical IndicatorsTrend Analysis

Related publications

Disclaimer