$BTC bouncing from 60,000 support level, currently consolidating around 69,382. Price trading between MA7 (70,430) and MA25 (67,755), showing indecision. Strong downtrend from 90,000 still intact with descending trendline resistance overhead. MA99 at 79,353 acts as major resistance. Break above 71,000 could spark recovery; failure risks retesting 60,000.



Targets:

TP1: 71,000
TP2: 74,000
TP3: 77,000

Stop Loss: 67,000

Note: Watch for volume confirmation on any breakout attempt. Take partial profits at each level given the prevailing downtrend.
BTC-1,6%
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)