BTCUSDT: Update before weekly close!!
2024-10-20

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Let's analyse BTCUSDT on higher time frame:

BTCUSDT is currently exhibiting a positive trend. The upcoming weekly close will play a significant role in determining the future direction of the market.
BTC is trading within a channel, and a daily close above $69,000 is crucial for initiating a rally towards $70,000. Maintaining a price above $67,500 is essential to sustain bullish momentum.
Trading within this channel could potentially trigger a rally in altcoins.

Key Levels:
Resistance: $69,000
Support: $67,500

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