Bitcoin (BTC) successfully holds at around $66.545 after a breakout from the MA50, indicating bullish momentum returning to take control of the market today. CoinDesk
📊 Today’s Technical Update for BTC
Strong Sentiment: Price is moving steadily above the MA50 thanks to inflows from the Spot ETF, which have exceeded $600 million from CoinDesk.
Key Resistance: The next upside target tests the $68.000 level, which could trigger profit-taking [CoinDesk](coindesk.com test-at-68000-as-summer-slumber-grips-crypto-analysts-say).
Defense Zone: The $65.000 area is the nearest psychological support if a healthy correction occurs. BitPinas.
Always monitor risk management and set a tight Stop Loss below $63.000. BitPinas. Not financial advice (DYOR)!
$BTC $BNB
#Bitcoin #btc70k #CryptoAnalysis📈📉🐋📅🚀 #BinanceSquare #TradingUpdate
📊 Today’s Technical Update for BTC
Strong Sentiment: Price is moving steadily above the MA50 thanks to inflows from the Spot ETF, which have exceeded $600 million from CoinDesk.
Key Resistance: The next upside target tests the $68.000 level, which could trigger profit-taking [CoinDesk](coindesk.com test-at-68000-as-summer-slumber-grips-crypto-analysts-say).
Defense Zone: The $65.000 area is the nearest psychological support if a healthy correction occurs. BitPinas.
Always monitor risk management and set a tight Stop Loss below $63.000. BitPinas. Not financial advice (DYOR)!
$BTC $BNB
#Bitcoin #btc70k #CryptoAnalysis📈📉🐋📅🚀 #BinanceSquare #TradingUpdate