Bitcoin at a Crossroads: Breakout or Breakdown?
Bitcoin is trading at $68,200. Major resistance sits between $80K and $91K, while strong support is in the $55K to $60K range.
Price is currently range bound between support and resistance. A clean break above $80K would signal bullish momentum. A drop below $60K would increase downside pressure. Holding above the 200-day moving average keeps the long term trend intact.
Range bound.
Breakout pending.
Volatility loading.
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BTC
67,687.4
-0.74%