Technical analysis by vazitrades about Symbol BTC on 5/16/2024

#BTC had a nice run up and currently facing a resistance at 66676$ 1. For bullish trend continuation we should see BTC breaking up above the resistance at H4 , in this case the price will pump until next resistance zone at 70887$ . 2. Otherwise, high chances to see BTC testing support zone at around 64482 - 63474, where we can look for long position. 3. Bearish scenario would be if BTC closes below 63400$ on H4 TF, in this case BTC may test one of lower levels again: 60508, 59026, 57246