When BTC stabilizes within a narrow range after a previous move: It is often accumulation before a strong move Or a quiet sell-off if rejection candles appear at resistances Currently, the expected range: Support: 67,500 – 68,000 Resistance: 69,000 – 69,300 Breaking out of this range will determine the next trend. #BTC
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What does this mean technically?
When BTC stabilizes within a narrow range after a previous move:
It is often accumulation before a strong move
Or a quiet sell-off if rejection candles appear at resistances
Currently, the expected range:
Support: 67,500 – 68,000
Resistance: 69,000 – 69,300
Breaking out of this range will determine the next trend.
#BTC
$BTC