🔴 The Big Question: Is $BTC Ready for the Next Major Move? 🚀
Bitcoin's price has been consolidating around a critical support level over the last 24 hours. This support is vital because historically, whenever the market defends this zone, we see a strong rally follow.
🔍 Quick Technical Analysis (TA):
Current Level: Showing strength within the $67,500 - $68,500 range.
Resistance Target: Breaking $71,000 is crucial for $BTC to re-test its All-Time High.
Lower Support: If we lose the current range, the next solid support lies near $65,000, which is considered a 'Stop-Loss' zone for market bears.
⚠️ My Personal Take:
I believe that as long as $BTC stays above $66,000, there is no need to panic. This is likely a Consolidation Phase that precedes a big move.
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