Hello everyone, Over the past week, BTCUSD has been consistently moving sideways, with a significant resistance level at $34,800. Despite touching this level four times, BTCUSD has been unable to surpass it, and the current trend continues to reflect this.
Today, there is a clear indication of a price decrease as BTC has lost 0.8% throughout the day. On the other hand, in order to overcome the strong resistance level at $35,000, it is likely that BTC will need to return to the support zone at $34,000 or even lower at $33,500 to regain upward momentum.
Today, there is a clear indication of a price decrease as BTC has lost 0.8% throughout the day. On the other hand, in order to overcome the strong resistance level at $35,000, it is likely that BTC will need to return to the support zone at $34,000 or even lower at $33,500 to regain upward momentum.
