$BTC Analysis updates [trading ideas]
The price fluctuated very little throughout the day today.
In the BTC 1 hour chart, I can see that the price is below the 200ma, so BTC will move downward for the time being.
But it good to know that the support line is around $61712.
The current upper limit is around the price of $63218. After touching $61712, there may be a chance to turn back up to there.
I really donât want it to break $61465, which would be very dangerous and the embankment might break.
Or it may also move in this range (61712 and 63218) recently.
I hope this helps your analysis.
Good luck and happy trading.
