Where is the #BTC support zone?
2024-10-23

📊Where is the #BTC support zone?

🧠From a structural point of view, the previous upward trend has ended, so it is very reasonable for the corresponding pullback to occur. Originally, I wanted to wait for the short structure at the hour level to be established before participating in short trading, but the market did not develop as expected.

➡️So from the current structure, it is best to participate in short trading near the 67000-68000 resistance zone.

➡️If the current structure does not change much and continues to fall, then the first support zone to pay attention to is 64251-65124, and the second support zone is 61297-61633, which is also the support zone I want to pay attention to the most.

Let's see👀

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