Bitcoin Completes 9th Test Of $60,000, Where Does Price Go From Here?
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Bitcoin has completed its ninth test of the $60,000 support level, leading to speculation about its future price trajectory. Crypto analyst Dana Crypto Trades notes that Bitcoin has maintained this critical support for approximately nine months but warns that the level eventually failed, causing price declines. Opinions are divided about whether Bitcoin will continue to hold this level. The analyst stresses the importance of not dismissing any support or resistance levels until a clear breakout or breakdown occurs on a higher timeframe. Recent drops in volatility indicate a potential major price swing ahead, although the direction remains uncertain. Currently, Bitcoin's price has dipped below $60,000, standing at $57,359, after a decline of over 5.14% in the last 24 hours.
Джерело: www.newsbtc.com ↗
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