The Bitcoin market is showing signs of strength after a bounce from $65,500, forming a bullish structure in the short term. ๐
๐ฅ Buyers entered strongly, pushing the price back towards the $68K zone, a key level that could define the next market movement.
๐ Levels to watch:
๐ข Resistance: $68,400
๐ข Bullish breakout: could pave the way towards $69,000 โ $70,000
๐ด Support: $67,300
๐ด Strong support: $66,000
๐ The increase in volume suggests that the bulls are trying to take control, but the market could still show volatility before a clear breakout.
โ ๏ธ In moments like this, many traders are looking for a confirmation of a breakout or a strong rejection at resistance.
๐ฅ Bitcoin is at a decisive zone.
Will we see a new bullish momentum or a retracement before the next rally?