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#Bitcoin is now trading around $68,000. It has broken and closed below the support zone on the daily timeframe, as per our previous update. So, the possible scenarios are: if the dump continues, the price may again go to test $60,000. Otherwise, if the price pumps from here and closes above the resistance zone, then we may see bullish momentum in Bitcoin. Keep an eye on it and stay tuned with us for further updates.
There is a chance of going back to $75-$70. The sol has lost a lot of strength. The one-day candle has lost a lot of strength. There is a chance of going down. (75-72$ range)
#Bitcoin is currently trading around $70,800. It is forming an ascending triangle on the hourly timeframe. So the possible scenarios are: if the price pumps from here and breaks above the triangle, then we may see bullish momentum in Bitcoin. Otherwise, if the price dumps and breaks down the triangle, then we may see bearish momentum in Bitcoin. Wait for the break of the triangle to confirm the next direction. Keep an eye on it.
Bitcoin is currently trading around $69,850. After a significant dump, Bitcoin is now at a crucial weekly support level. The possible scenarios are: if the weekly candle closes above this zone and finds support, it may move towards the upper resistance zone, which is around $80,000. Otherwise, if the weekly candle closes below the support, it may retrace towards $60,000. Keep an eye on it and stay tuned with us for further updates.