The #BTCUSDT pair is experiencing volatility around the $68,000 levels, amid investor caution while waiting for new economic data. In the short term, we notice strong support at the $66,500 level, while the area around $69,500 represents a strong psychological resistance. If the price manages to break the resistance with a clear daily close, we might see an upward movement towards $71,000. However, if the support is broken, the price may return to test $64,000. It is always best to confirm the trend using indicators like RSI and MACD.
What do you think? Do you think BTC is ready for a new breakout or are we in an accumulation phase? Share your analysis in the comments 👇
