BTCUSDT
2024-10-31

Hello all dear traders!
BTCUSDT is trending up today with the coin currently hovering around $72,300.

Technically, although BTCUSDT is rising, there are clear signs of overbought conditions with immediate resistance at $73,300 and the higher high at $74,000 yet to be broken. This could lead to consolidation or a pullback in the short term.

However, given the overall market structure, Bitcoin could be on the verge of exploding higher in the coming months.