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via CryptoPotato · By CryptoPotato Editorial

Bitcoin Price Analysis: BTC’s Rally Means Nothing Until It Reclaims This Key Level

BTC

BTC/USDT

$68,028.99

+5.04%

$68,028.99

+5.04%

(24s)

24h Volume

$27,580,795,656.50

24h H/L

$69,500.00 / $64,166.00

Change: $5,334.00 (8.31%)

Long/Short

53.0%

Long: 53.0%Short: 47.0%

Funding Rate

+0.0056%

Longs pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$68,642.63

▲ 6.05%

Volume (24h): -

Resistance Levels

Resistance 3$71,924.22

Resistance 2$70,580.26

Resistance 1$69,500.00

Price$68,642.63

Support 1$67,300.42

Support 2$66,362.72

Support 3$64,901.59

Pivot (PP):$64,604.03

Trend:Uptrend

RSI (14):71.8

CryptoPotato Editorial

(02:11 PM UTC)

1 min read

Reviewed byEmily Watson

0 comments

Bitcoin remains trapped in a broad corrective structure, with the price currently near $64.3K after failing to reclaim several important resistance levels. The daily chart shows a persistent bearish trendline and weakening momentum, while the 4-hour structure suggests that the asset is compressing inside a narrowing range. Meanwhile, NUPL has fallen sharply from cycle-high territory…

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CryptoPotato Editorial · CryptoPotato

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