BTC Eyes $64k-$66k Resistance Zone

IconCryptoNewsTerminal Staff23 Aug, 2024

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BTC Eyes $64k-$66k Resistance Zone

Crypto analyst and trader Ali Martinez has analyzed the current market conditions for Bitcoin (BTC) and has identified a potential resistance zone for the cryptocurrency. According to Martinez, if BTC holds the $60,365 support level, the next major resistance zone would be between $64,045 and $66,250. Martinez's analysis is based on technical indicators such as support and resistance levels, moving averages, and momentum oscillators. He believes that if BTC can break through the $60,365 support level, it will likely continue its upward momentum and target the $64,045-$66,250 resistance zone. It is important to note that Martinez's analysis is based on historical data and technical indicators, and the actual price movements of BTC may differ from his predictions. However, his insights can provide valuable information for traders and investors who are looking to make informed decisions.

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