BTCUSD | Daily Chart Analysis | Evaluating Range Patterns and Key Levels | CRYPTO
Hello, traders! Thank you for joining us for today’s market update.
Today’s focus: BTCUSD
Pattern – Range, seller test.
Support – 62,000 area
Resistance – 73,000 area
In this video, we’ll be focusing on BTCUSD, examining crucial patterns, support, and resistance levels on the daily chart.
Currently, BTCUSD is presenting a range pattern with sellers consistently testing the market. Despite this pressure, buyers are holding firm around the 62,000 area, indicating strong support.
We’ve analysed various scenarios. Will we witness a breakthrough of support, leading to a test of the next lower Fibonacci point? Or will support continue to uphold the current range pattern?
BTCUSD Analysis: Evaluating Range Patterns and Key Levels
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