BTC Market Analysis

Yesterday, I told everyone that if it doesn't break 71600, it will drop, and it indeed dropped as expected.

Currently, the daily level is hovering near the zero axis and has formed a dead cross, which means there is a possibility of acceleration at this position at any time.

On the 4-hour chart, it has already broken below the zero axis, and the focus is on whether 67600 can hold (it's unlikely to hold). If it doesn't hold, it will move towards 65000-62000.

Resistance: 69300-71000

$BTC

BTC
BTCUSDT
66,806.7
+0.34%