Bitcoin Battles: Support vs. Resistance - Will the Bulls Hold Strong?
In this video, we're going to explore the fascinating relationship between support and resistance and how they shape the price action of Bitcoin. Former resistance levels may just come to the rescue as support, and vice versa. It's a battle of epic proportions, my friends!
Bitcoin recently found some stability, bouncing off the 27K support level like a trampoline. This critical level has been tested not once, but twice, solidifying its position as a reliable support zone. But remember, support is not a guarantee, so we need to tread carefully.
Speaking of volatility, Bitcoin has surely kept us on our toes with its rollercoaster ride. But fear not, my friends, because we have some key levels to keep an eye on. 32K and 34K are pivotal points that could determine the long-term bullishness of our favorite cryptocurrency. They have seen intense price action and demand our attention.
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▶️ 3Speak
i believe it that in next fews days btc will break 30k resistant may be that is going to happen this week so i feel that now next support level will be 28k and resistant will be 30k , if btc break it then 35k will be stop
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It seems that Bitcoin is currently breaking out to the upside. This could be attributed to the rumors and expectations surrounding the potential launch of a spot Bitcoin ETF by BlackRock. However, if this anticipated event fails to materialize, it is crucial for the support levels to remain strong, as Bitcoin could experience a significant downward move.
Saludos desde mi punto de vista y observando los patrones observo una ligera estabilidad en el precio del BTC.
Saludos desde mi punto de vista y observando los patrones observo una ligera estabilidad en el precio del BTC.