Future Targets

Bitcoin finds support in the $70,500-$70,150 range and faces resistance at $71,500. A breakout above this resistance could target $75,000, with key support and resistance levels to watch over the weekend.

6/8/20241 min read

Bitcoin 4-hour price chart showing support range at $70,500-$70,150 and resistance at $71,500, with
Bitcoin 4-hour price chart showing support range at $70,500-$70,150 and resistance at $71,500, with

Bitcoin moved to the 4-hour support range of $70,500 - $70,150, found support, and then hit the resistance at $71,500, where it was initially rejected.
If Bitcoin breaks this resistance, it could move towards higher targets. Over the weekend, expect it to range within this area and complete a pullback before continuing upward towards $75,000. Currently, it is testing both static and dynamic resistance levels.
Key levels are: Support: $70,500 / Resistance: $71,500