⚡️ BTC Update: Eyeing $69,200 as Resistance Flips ⚡️
Bitcoin has climbed to $69,200, showing strength as it pushes through previous minor resistance levels. With today’s massive $14B Options Expiry, here is the game plan:
* The Bull Case: If BTC stays steady above $69,000, the next major psychological hurdle is $70,000. A successful breakout could open the doors for a run toward $72,500.
* The Volatility Trap: Beware of "wicking" in both directions today. Large expiries often cause sudden price swings before a clear trend emerges.
* Support Levels: If we see a rejection, look for support at $68,400 and $67,500.
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