Bitcoin Drops Over 10% After Rejection at $67,000
Market Update:
In the last few days, Bitcoin's price has dropped by more than 10%, following a rejection at the $67,000 level.
BTC has now fallen to the critical support area at $61,000.
Technical Outlook:
The market is currently oversold, and there is potential for BTC to rise and test the next resistance level around $64,000.
It is crucial that the $61,000 support level holds, as a break below this area could trigger a deeper decline, with the next lower range support around $57,000.
#Bitcoin #BTC #CryptoUpdate #SupportLevels #Oversold #BTCPriceAction
In the last few days, Bitcoin's price has dropped by more than 10%, following a rejection at the $67,000 level.
BTC has now fallen to the critical support area at $61,000.
Technical Outlook:
The market is currently oversold, and there is potential for BTC to rise and test the next resistance level around $64,000.
It is crucial that the $61,000 support level holds, as a break below this area could trigger a deeper decline, with the next lower range support around $57,000.
#Bitcoin #BTC #CryptoUpdate #SupportLevels #Oversold #BTCPriceAction
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.