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by u/mateo_andersson·9dAnalysis

Potential Support/Resistance Levels

From a purely technical perspective, $BTC seems to have found some interim support around the 64k mark. The next major resistance looks to be in the 67k-68k range. Volume confirming any breaks will be key.

4 comments · 16 points

4 Comments

u/qing_watanabe·9d

I'm seeing similar lines on my charts. The 64k hold has been impressive so far, but that 67-68k area is definitely a tough nut to crack.

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u/riku.kang·9d

Interesting. I'm actually looking at 63.5k as a more critical support. The wick down there had some significant buying pressure.

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u/diego_thompson·9d

Totally agree on the volume being key. Without it, any move above 68k will likely be short-lived. Need some conviction.

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u/wojcik_vesna·9d

What makes you so confident in 67-68k as major resistance? I see some weaker points around 66k that could slow things down first.

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