$BTC Main resistance levels:
72,000 $: The psychological and technical barrier is currently the most significant; Daily Forex analysts believe that a breakout will clearly pave the way to 74,500 $, then to 80,000 $.
71,500 $: An immediate resistance level that led to a recent price drop to retest support.
Critical support levels:
70,000 $: A central support level that buyers are trying to defend to ensure that the upward momentum continues.
68,200 $: The "red line" for bulls; breaking it can bring the price back to test liquidity areas at 65,000 $.
Technical indicators: Bitcoin is trading above the 20-day moving average (EMA 20), with a neutral relative strength index (RSI), leaving room for movement in both directions ahead of the U.S. inflation data release on Friday#BinanceSquareFamily
72,000 $: The psychological and technical barrier is currently the most significant; Daily Forex analysts believe that a breakout will clearly pave the way to 74,500 $, then to 80,000 $.
71,500 $: An immediate resistance level that led to a recent price drop to retest support.
Critical support levels:
70,000 $: A central support level that buyers are trying to defend to ensure that the upward momentum continues.
68,200 $: The "red line" for bulls; breaking it can bring the price back to test liquidity areas at 65,000 $.
Technical indicators: Bitcoin is trading above the 20-day moving average (EMA 20), with a neutral relative strength index (RSI), leaving room for movement in both directions ahead of the U.S. inflation data release on Friday#BinanceSquareFamily