Bitcoin has reached a critical juncture, testing the resistance level around $68,500, which coincides with a key trend line on the daily chart.
This price level has previously acted as a "roadblock."
If it can break through this level, it would pave the way for Bitcoin to further rise to $70,000 or even higher.
From the chart structure, Bitcoin's bullish momentum is strengthening.
If buyers can continue to exert pressure on Bitcoin above this resistance level, it is likely to keep rising. However, if it cannot maintain above this level, Bitcoin may fall back to the nearest support area, especially around the $67,000 mark. 👗👇
We need to closely monitor the trading volume to confirm whether BTC can successfully break through. 👉BNB0098
