$BTC Bullish Structure Analysis: BTC is showing signs of recovery, trading near $69,080 and up +1.43% for the day. The 4H chart shows a "Double Bottom" formation at the $67,000 support zone. MACD is showing a bullish divergence on smaller timeframes. EMA 20 is currently being tested as resistance. A successful close above $70,000 would confirm a short-term trend shift.24-Hour Prediction: High probability of testing the $70,100 resistance level.30-Day Historical Overview: BTC has faced a 12% volatility range over the last 30 days, struggling to reclaim the $70k psychological barrier after a sharp correction from January highs.Expected Market Outcome: Consolidation above $68,500 is crucial; a breakout above $71,000 would invalidate the recent bearish structure.
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BTC
BTCUSDT
65,920.3
-2.28%