Bitcoin Analysis

in btc •  2 months ago 

The outlook is bullish, but we’re not chasing the price. Bitcoin is around 67,500 after breaking the 66,500 level and reaching a new high. The next resistance zone lies between 67,500 and 68,000. Short-term support is near 63,700 to 64,000. You can open short positions in the 67,500-68,000 range, and the closer to 68,000, the better. Set your stop loss at 300 points.

Ethereum can follow Bitcoin’s movement for similar trading strategies.

Wishing everyone good luck and profits!

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