BTC


Resistance Confirmation: The price rebounded near 68k but faced resistance again, and a "death cross" appeared on the three-day chart (50-period moving average crossing below the 200-period moving average). This is the first time since 2022, reinforcing the upward selling pressure.
Key Resistance: The 4-hour chart shows that $70,000-$70,500 is a strong resistance zone. Meanwhile, the short-term moving average (20-day EMA) is currently at $68,328, forming a joint resistance with the 68k level.
Support Shift: The short-term support below has moved down from yesterday’s 66.8k to around $66,500. If broken, it is likely to accelerate testing the strong support zone at $63,000-$64,000.
BTC8.83%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)