Key levels

Bitcoin to Tether (BTC/USDT) is currently bullish, supported by ascending trendlines and trading above the Ichimoku cloud. Key resistances are at $67,424 and $69,686, while supports are at $65,264 and $63,618.

7/24/20241 min read

Bitcoin to Tether price chart showing bullish trend with resistances at $67,424 and $69,686, and sup
Bitcoin to Tether price chart showing bullish trend with resistances at $67,424 and $69,686, and sup

Considering the ascending trendlines and the price being above the Ichimoku cloud, the current trend of Bitcoin to Tether is bullish. To maintain this uptrend, the price needs to surpass the resistance at $67,424 and move towards the next resistance at $69,686. If the price decreases, the supports at $65,264 and $63,618 can act as key levels to prevent further decline.

Main Resistance: Located at $69,686, which is a level where the price has stalled multiple times.
Next Resistance: Located at $67,424, which the price is currently trading near.

Main Support: Located at $65,264, which can act as a support level if the price declines.
Next Support: Located at $63,618, near the Ichimoku cloud.