Bitcoin's price is still struggling to surpass the crucial resistance level of $35,000. If it continues to struggle near $35,000, BTC may experience a downward correction and retrace back to the support level of $34,000.
If Bitcoin fails to break above the resistance level of $34,650, it could start a downward correction. Immediate support on the downside is around $34,270.
The next major support level is near $34,000. If there is a further decline below $34,000, there is a risk of more downside. In that case, the price could drop to $33,500 or even $33,200.
My goal is to discount, what about you?
If Bitcoin fails to break above the resistance level of $34,650, it could start a downward correction. Immediate support on the downside is around $34,270.
The next major support level is near $34,000. If there is a further decline below $34,000, there is a risk of more downside. In that case, the price could drop to $33,500 or even $33,200.
My goal is to discount, what about you?
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