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Bitcoin Price Technical Analysis: BTC/USD Facing Heavy Resistance Near the $66,000 Zone

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Release： 2024-07-18 08:21:39
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Bitcoin price started a steady increase after it cleared the $60,000 hurdle. BTC/USD broke a few important resistances near the $63,000 level to enter a positive zone.

Bitcoin Price Technical Analysis: BTC/USD Facing Heavy Resistance Near the ,000 Zone

Bitcoin price showed signs of strength and clear resistances above $63,000 to enter a positive zone. A close above $66,000 might spark another strong increase. Conversely, the price could start a downside correction with immediate support at $62,400.

Gold price recovered from the $2,440 support zone and started a fresh increase. The bulls seem to be aiming for more gains above the $2,480 resistance level.

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source：kdj.com
Previous article：A Bitcoin Wallet Dormant for 11 Years Suddenly Sent $60 Million Worth of BTC, Here\'s Where the Funds Went Next article：Solana (SOL) Primed For Upward Move as Bullish Bitcoin Indicator Flashes, New All-Time High Incoming?
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