Technical analysis by b45bc5 about Symbol BTC on 7/27/2024

From the daily chart, Bitcoin closed at a large positive line yesterday, and the price is likely to continue its upward trend. However, the price is currently facing a rising resistance below the 68,500 level. If the price reaches the 68,500 resistance level, the price will continue its upward trend. If the price fails to break the 68,500 level and reaches a new high again, it is not unlikely that the price will decline again. At present, the focus is still on the 66,370-67,110 resistance range. Trading Tip: If the price declines to the 66,370-67,110 range and faces a clear resistance, you can buy with a target of 68,000. If the price declines below 66,370, the conservatives can wait for the market to show a clear trend before opening the position.