BTCUSD support and resistance
Watch this: BTCUSD broke the 62,000.00 support level
BTC
64,570
-1.78%
General outlook
BTCUSD has been under selling pressure within the last day.
Now, the support level is located at 57,000.00.
Resistance levels are now located at 62,000.00 and 67,000.00.
Analysts recommend opening a Sell order with a stop loss above the previous high.
The upcoming news will not influence your orders within the mentioned period.
Some traders may close their positions on Friday, which can add more pressure to the market.
We will publish our next post on support and resistance levels at 4:00 a.m. UTC on 8 June. Come back to discover more trading insights.
Share your thoughts in the comments section if it's available for you.#btcusd