VIP MARKET UPDATE: $BTC The price recently rebounded f | Binance Killers®
VIP MARKET UPDATE: $BTC
The price recently rebounded from the 50% retracement level. A breakthrough above the $60K horizontal resistance, followed by a successful retest, would signal a bullish trend. Conversely, suppose a breakdown and retest is below the 50% retracement zone. In that case, it suggests a potential retest of the golden zone around the 61.8% retracement level, often indicating a significant reversal in the price action.