Bitcoin (BTCUSD) is currently showing signs of positive movement, attempting to surpass the $68,000 barrier. This momentum supports the ongoing bullish trend scenario, with the price aiming to rally towards the next target of $70,000.
A successful breach of the $68,300 level would facilitate the achievement of this target. Conversely, if Bitcoin falls below $66,920, it could experience intraday negative pressure, potentially revisiting the $65,485 level before any further attempts to rise.
The expected trading range for today is between the support level of $66,600 and the resistance level of $70,000.
Trend Forecast: Bullish
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