Title:
Bitcoin (BTC): Witnessing Support, Potential Long Opportunity Ahead
Overview:
Hello Traders,
Bitcoin (BTC) is currently finding support, signaling a potential long opportunity on the horizon.
CRYPTO:BTCUSD
Key Points:
- Bitcoin (BTC) is encountering support at current levels, indicating a potential reversal of the recent downtrend.
-...
BTC is outside it's main channel and needs to either come back down to it and bounce off or break back into it and continue lower.
Can first rise to the 69,600 region before retesting the support at 65,700
If the support breaks the next support to test will be at 61,000 then 57,600
If the price bounces off the support, then it's likely to continue higher to...