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BTC UPDATE: As mentioned in the previous update, BTC has brok | Charts | Signals &Trading

BTC UPDATE:

As mentioned in the previous update, BTC has broken the support at 67k and is now at a very crucial level. For bullish momentum, BTC needs to hold the 65k support. Unfortunately, BTC didn't hold this support and has now retraced to the 62488 level. The next strong support level for BTC is at 62k. BTC needs to hold this region; if it breaks, we could witness a rejection towards lower levels of 59k to 60k.

Today's daily closure for BTC is particularly important. A closure above the 65k level would be a positive sign, whereas a closure below it could indicate a choppy market.

As mentioned previously, due to BTC's movements, altcoins are being heavily affected. So It is advisable to trade alts cautiously and avoid unnecessary risks while waiting for better opportunities.

@ChartsSignalsTrading