๐ช Bitcoin $BTC BTC โ Key Support Zone Analysis
๐ The 20-Day Moving Average is currently around $67,600, and this level is acting as a critical support zone.
โ ๏ธ Key Insight:
A daily close below $67,600 would weaken the bullish structure.
As long as BTC closes above this level, the market remains in a safer bullish zone.
๐ Current Price Action:
BTC already closed above the 20-MA โ
Price has now returned to retest the level ๐
For now, the zone is holding as support ๐
โณ What to Watch:
BTC may dip below the level intraday, but the daily close is what truly matters. A strong close above support keeps the bullish momentum intact.
๐ Key Level: $67,600
๐ Bias: Bullish while above support
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