Right now Bitcoin is trading in a very interesting zone. The price is moving in a tight range, which usually means the market is preparing for a strong move soon.
In my opinion, BTC is still showing bullish strength, but it needs to break the $72K resistance to confirm the next upward move. If buyers push the price above this level, we may see Bitcoin moving toward $75Kโ$78K.
However, if the market loses the $66K support, then a short-term correction toward $60K is possible.
For now, I personally think the market is accumulating, and big players might be preparing for the next move.
๐ My Key Levels โข Resistance: $72K โข Support: $66K
I will watch these levels before taking my next trade.
๐ฌ What do you think? Is BTC going Bullish ๐ or Bearish ๐ from here?