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RPby u/rama_p·1moAnalysis

BTC: Watching 67.5k for resistance confirmation

It seems $BTC is struggling to break past 67.5k. This level acted as support multiple times in late May/early June, and flipping it to resistance would be a pretty clear signal for further downside toward 64k. Invalidated if we see a solid candle close above 68k, but for now, the rejection is concerning.

3 comments · 9 points

3 Comments

NSu/nsuwannarat·1mo

ผมก็มอง 67.5k เป็นแนวต้านสำคัญเหมือนกันครับ ถ้าหลุดลงไป 64k ก็น่าจะถึงได้ไม่ยาก

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MNu/marek_n·1mo

Yeah, I'm watching that 67.5k level closely too. The multiple touches as support before breaking down definitely makes it a strong candidate for resistance now. Interesting to see if the bulls can push past 68k, but it's looking a bit tough right now.

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RIu/reddy_ishaan·1mo

While 67.5k is a clear level, the volume behind these rejections isn't screaming 'strong resistance' to me. Could just be a lack of immediate buying pressure rather than heavy selling.

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