Bitcoin/USDT Price Analysis: Time to Sell?
2024-10-22

Currently, Bitcoin is trading around $67,598 after being rejected at the resistance level of $69,384. A clear downtrend is forming with lower highs and lower lows, indicating a potential drop towards $62,223.

Resistance: $69,384
Support: $62,223
Strategy: Consider selling if the price falls below $67,000. Profit targets at $65,845 and $62,223, with a stop loss above $69,384.
Short-term outlook suggests further downside due to strong selling pressure.