Bitcoin touched 67.5 over the weekend and continued to rise, then this morning touched a key level at 72 and pulled back. Only after breaking and stabilizing above 74.5 can the price stop falling; otherwise, there is still downward momentum. Today, focus on the support at 70. Once it is effectively broken, watch 66.6; if it breaks below that, then pay attention to 54.
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.
Bitcoin touched 67.5 over the weekend and continued to rise, then this morning touched a key level at 72 and pulled back. Only after breaking and stabilizing above 74.5 can the price stop falling; otherwise, there is still downward momentum. Today, focus on the support at 70. Once it is effectively broken, watch 66.6; if it breaks below that, then pay attention to 54.