Analysis: The BTC/USDT chart shows a downward channel, suggesting a bearish trend unless BTC breaks through. There is strong resistance between $66,000 and $70,000. A bullish momentum surge is needed to break through these levels.



Price target: If BTC breaks bullish, the target may be $66,000 and $70,000. However, if the bearish trend continues, look for support levels near $52,000 or even lower, possibly touching $42,000 as the main support level.
BTC1,11%
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Dike_R
· 2024-10-10 14:13
Support your argument, without new narrative and new blood, cannot break through the weekly downward channel, there will be no bull this year
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TianshiMansion
· 2024-10-10 14:10
I personally think Bitcoin will rise, maybe to around $80,000
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