$BTC Update
After breaking a strong support level, the price dropped sharply. It is now holding support around $65,404. The market is also in an overbought condition, and $BTC has heavily liquidated long positions.
So, we can expect some lower-high formation before the trend continues.
Watch the key level closely.
After breaking a strong support level, the price dropped sharply. It is now holding support around $65,404. The market is also in an overbought condition, and $BTC has heavily liquidated long positions.
So, we can expect some lower-high formation before the trend continues.
Watch the key level closely.