$BTC
> In-depth analysis of the BTC/USDT pair: In the past hours, the price of Bitcoin has been moving within the range of $67,000–$69,000. After testing the strong support area near $67,000 and the emergence of positive technical signals in the RSI and MACD indicators, the price has begun to show new buying strength.
If the price movement can surpass $69,000 and hold above it, the next target will be $72,000 in the short to medium term. However, if selling pressure returns, we may bounce back towards $66,500–$67,000.
Current advice:
For short-term traders (swing traders): You can place buy orders near the bottom at $67,000, with a stop loss below $66,500.
For long-term investors: Time is on your side as long as Bitcoin maintains levels above $60,000.
To monitor community news surrounding Bitcoin and its impact on the market, follow:
#BTC #Cryptocurrency #BitcoinAnalysis