BTCUSDT SPOT

BTC got stuck at $64k.

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Hello traders,

Here's a quick update on BTC in the 2-hour timeframe.

BTC recently rallied up to 65K and formed resistance at $64.4k. So far, BTC has maintained support at $63.9k and is continually attempting to break above the resistance.

The RSI is losing momentum, with a decline in the graph indicating a bearish sentiment.

BTC needs to break above the $64.4k resistance to continue the rally. A rejection will likely pull the price down to $61.5k, where we have a support trendline.

Make sure to do your own research and analysis before investing.

Regards,
Team Dexter.
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BTC Update:

The yellow resistance line at $64.4k remains strong for BTC; currently, we see rejection in the price action. We expect the $61.6k support to hold, followed by a rebound.

The lower support trendline at $60k can also be considered.

Trade safely.

#BTC #cryptocurrency

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