$BTC Currently, the support and resistance levels for Bitcoin (BTC) are as follows:
Support Levels:
• 66,000$: A critical support level for Bitcoin. If this level is broken, the downtrend may accelerate.
• 63,200$: A stronger support point. If the price retraces to this level, strong buying reactions may occur.
Resistance Levels:
• 68,000$: The first significant resistance point. If this level is surpassed, the uptrend may gain momentum.
• 70,000$: A critical threshold that Bitcoin must surpass to continue its uptrend. If it can maintain above this level, new buying waves may be triggered .
Additionally, from a broader perspective:
• There is significant resistance at the 98,481$ level. If BTC surpasses this level, it could reach the psychological barrier of 100,000$.
• 102,681$ and 106,313$ levels emerge as resistance levels that could be tested in the event of an upward breakout.
• On the other hand, if BTC enters a downtrend, the 94,141$ and 91,295$ levels should be monitored as important support points .
The market is currently in a neutral phase, and traders are waiting for confirmation before taking directional action. It would be beneficial to define your buying-selling strategy by following current movements.