BTC/USDT – Daily Chart Quick Update
Bitcoin is trading around $69.5K, holding above the $68K support zone.
Price is bouncing from the ascending trendline support.
The $68K–$69K zone continues to act as a key demand area.
Recent candles show buyers stepping in after support tests.
Bullish Scenario:
If BTC holds above $68K, the next targets could be:
$71K
$73K resistance
Bearish Scenario:
If $68K breaks, price may drop toward:
$65K support
$60K major demand zone
⚠️ Conclusion:
BTC is still ranging near key support, and the next strong move will likely come after a break above $71K or below $68K.
Bitcoin is trading around $69.5K, holding above the $68K support zone.
Price is bouncing from the ascending trendline support.
The $68K–$69K zone continues to act as a key demand area.
Recent candles show buyers stepping in after support tests.
Bullish Scenario:
If BTC holds above $68K, the next targets could be:
$71K
$73K resistance
Bearish Scenario:
If $68K breaks, price may drop toward:
$65K support
$60K major demand zone
⚠️ Conclusion:
BTC is still ranging near key support, and the next strong move will likely come after a break above $71K or below $68K.
Related publications
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.
Related publications
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.