๐ต Bitcoin Price Update โ Key Levels to Watch This Week ๐จ
Hey, traders! ๐ข Itโs Artem with a quick Bitcoin analysis.
Last week, we saw Bitcoin break through some critical levels, hitting a new high of $66,566. However, a Rising Wedge pattern has formed, and #Bitcoin is now trading around $63,570, close to a key support at $62,800.
๐ Bearish scenario: If selling pressure continues, we might see a drop toward $60,848 with $61,824 as the critical level to watch.
๐ Bullish scenario: If support holds, we could see a bounce and a continuation toward new highs.
๐ฌ Whatโs your plan for the week? Long or short? Drop your thoughts in the comments and letโs discuss the next big move for Bitcoin! ๐
โก๏ธ Donโt forget to join the conversation and share your setups. More updates coming soon! ๐
https://www.tradingview.com/chart/BTCUSD/dwrTCPGm-Bitcoin-s-Next-Move-Bullish-Continuation-or-Bearish-Reversal/