BTC near $ $36,000, here's what you need to know
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1️⃣ Resistance at $36,000 is proving challenging, with sellers active on intraday timeframes.
2️⃣ Support levels are shifting, with support liquidity ranging from $34,500 to $34,000.
3️⃣ The $35,000 and $35,700 levels are crucial, potentially triggering a short squeeze if touched.
4️⃣Market data suggests that spot bidders are needed to fuel further upside.
5️⃣ Analysts have varying scenarios, but most believe Bitcoin returning below $33,700 is unlikely.
6️⃣ Long-term perspectives remain bullish, with year-end targets of $45,000 or more.
Remember, this isn't investment advice; alway ́ your research. Stay tuned for updates in the next day or two. #bitcoin #cryptocurrency
#crypto2023 #BTC