Technical analysis by Cryptoyareth about Symbol BTC on 7/17/2024

Despite experiencing a decline due to negative news received during the day, I expect this drop to remain as a wick on the daily chart. If it continues to stay above $63,500, it will rise above $70,000, which we will call psychological resistance. Our 4-hour support level will be around $59,000. If there is a daily close below $63,500, this area may be tested. The areas I mentioned on the chart are as follows;