Rotuma

BTC1:Critical support at 61100, resistance at 62700 and 65286

CME:BTC1!   Bitcoin CME Futures


The BTC Futures H1 chart reveals a pattern of break out and pullbacks within trading zones starting from 44360
The trading zones are in solid lines breaking down the price structure and makes it easier to recognize the price patterns and trading zones.

The current pullback from 65286 to 61100 trading zone looks normal; the uptrend is still intact, and as long as it holds above 61100, we could be looking at a retest of 62700, 64000, and 65286.

If it fails to hold at 61100, support could be around 60000, 58515, and 56916

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