Hello, traders! Thank you for joining us for today’s market update.

Today’s focus: BTCUSD

Pattern – Range, seller test.
Support – 62,000 area
Resistance – 73,000 area

In this video, we’ll be focusing on BTCUSD, examining crucial patterns, support, and resistance levels on the daily chart.

Currently, BTCUSD is presenting a range pattern with sellers consistently testing the market. Despite this pressure, buyers are holding firm around the 62,000 area, indicating strong support.

We’ve analysed various scenarios. Will we witness a breakthrough of support, leading to a test of the next lower Fibonacci point? Or will support continue to uphold the current range pattern?

BTCUSD Analysis: Evaluating Range Patterns and Key Levels

alert BTCUSD Crypto crypto-moves Joe Jeffriess Trade Zone