$BTC is currently showing some exhaustion on 4h chart after its recent climb. After touching the $74k resistance zone, we’ve seen a pullback to the $67,800 range.
The Outlook:
The price is currently resting on a horizontal support level. If we hold this zone, we might see a relief bounce. However, if the volume remains low and we break below $67k, we could see a deeper retest of the $64k support.
Current Sentiment: Neutral/Bearish in the short term.
Key Resistance: $70,000 & $72,500
Key Support: $67,000 & $64,200
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