Bitcoin price short-term key resistance level analysis - focus on $63,795 support and $68,900 resist

Columns：Cryptocurrency Opinion and Analysis author：BTCZXW time：2024-08-26 21:25:53

AB Quantify, second contract bet 1000 USDT to win 1000 USDT, one bet to become a millionaire, 👉 "Register and open an account now "💰💰💰

The short-term trend of Bitcoin price is near a key resistance level.

A sustained hold above the 100-day moving average of $63,795 will help reignite bullish momentum. However, a break below the 200-day moving average of $63,419 could signal a larger correction.

比特币价格图表

Technical indicators show a neutral to optimistic trend, but potential downside risks remain. Failure to break through the downward resistance of $68,900 or a break below the support of $60,000 could trigger further selling.

In general, the uncertainty of the macroeconomic environment will be a key factor affecting the future of Bitcoin, and investors need to pay close attention to the monetary policy trends of the Federal Reserve.

BTC investment trading platform

Invest 1000 USDT per day in AB Quantify and earn 20-40 USDT. The more you invest, the more you earn. Start your second income here.
BTC second contract allows you to earn millions of USDT per day. Only by fighting hard can you win. Once you fight hard, you will win.

Official certification platform