Bitcoin is testing around 68,000 with a needle insertion in the evening, and during the day, it has given a pullback support zone of 68,800–67,500. Currently, the key support at 67,500 has not been broken.
Before breaking this level, focus on the rebound strength: if it can stabilize overnight and break through 70,000, this wave of market could surge again, with resistance above at 72,000–73,600. For those holding long positions, a stop-loss can be placed at 67,500. Once this level is effectively broken downward, there is a possibility of further needle insertion downward, and the lower zone of 64,500–63,000 can be bought in batches. $BTC
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Bitcoin is testing around 68,000 with a needle insertion in the evening, and during the day, it has given a pullback support zone of 68,800–67,500. Currently, the key support at 67,500 has not been broken.
Before breaking this level, focus on the rebound strength: if it can stabilize overnight and break through 70,000, this wave of market could surge again, with resistance above at 72,000–73,600.
For those holding long positions, a stop-loss can be placed at 67,500.
Once this level is effectively broken downward, there is a possibility of further needle insertion downward, and the lower zone of 64,500–63,000 can be bought in batches. $BTC