Anticipating Breakthroughs

Bitcoin reaches daily support level and forms initial support nuclei. After sideways movement, it aims for the 69,900 resistance level. Breaking this could target 75,400. Key levels to watch: support at 67,300 and resistance at 69,900.

5/26/20241 min read

Bitcoin price chart showing correction to daily support level, with potential upward movement toward
Bitcoin price chart showing correction to daily support level, with potential upward movement toward

Bitcoin, after a period of correction, has reached its daily support level and is showing signs of forming initial support nuclei. It is expected that after a period of sideways movement in this range, Bitcoin will move towards the 69,900 resistance level. If it successfully breaks this resistance, the new target of 75,400 will be within reach. The priority is to maintain the daily support and aim for an upward reversal, thus paying attention to the key support at 67,300 and the current resistance at 69,900 is essential.