🪙 Bitcoin - probability of a rebound.

As long as the price trades above 69300, a rebound to the zone of 73000 is likely.

The price may possibly go even lower and test the zone from where the volume was injected. Support is also provided by the 50 MA which is in this zone.

An alternative scenario is a breakdown of the level 69300, which could send the quote to 67700 and 66500. #BTC $BTC

BTCUSDT

Perp

71,047.5

-0.16%