$BTC Technical Analysis

Today, I'm presenting a $BTC analysis. As you can see, the price initially entered a support zone between 65,600 and 66,150 points.

This is a technical analysis of Bitcoin (BTC). As you can see, the price initially entered a support zone between 65,600 and 66,150 points. However, it quickly reversed and dropped to support level 2, breaking through support level 1. After consolidating near support level 2, the price started to rise again.

When BTC reached 63,950 points, it retraced and fell to the trendline, breaking support level 2 once again. Despite this, the price managed to recover and continue its upward movement. It successfully broke through support level 2 and then the first support level, ultimately exiting the support zone entirely.

After reaching a high of 69,250 points, BTC experienced a sharp decline towards the trendline. However, it recently showed signs of recovery. Based on this analysis, I anticipate that BTC will pull back to the trendline before resuming its uptrend. For this scenario, I've set my target at 69,500 points. If you find this analysis helpful, please consider liking or commenting.