Updates for October 30, 2024
Bitcoin (BTC/USD)
Current Support Levels: Bitcoin now finds support near $72,000, with a critical secondary level around $70,500.
Resistance Levels: The next resistance sits near $73,500, with potential extension towards $75,000 if upward momentum holds.
Buy/Sell Strategy: Look for a buy position near $72,000, targeting resistance levels at $73,500 or higher.
Stop-Loss: Suggested stop-loss around $70,500 to safeguard against downside risk.
Current Support Levels: Bitcoin now finds support near $72,000, with a critical secondary level around $70,500.
Resistance Levels: The next resistance sits near $73,500, with potential extension towards $75,000 if upward momentum holds.
Buy/Sell Strategy: Look for a buy position near $72,000, targeting resistance levels at $73,500 or higher.
Stop-Loss: Suggested stop-loss around $70,500 to safeguard against downside risk.
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