Looking at the current BTC/USDT 12-hour chart, Bitcoin is showing some solid resilience. After a period of volatility, we are seeing the price stabilize above the EMA(20) and EMA(9), which is a classic bullish signal.
📉 The Current Setup:
Price Action: BTC is currently trading at $70,815. It recently tested the local resistance around $71,800.
Support Levels: We have strong support sitting at the $65,000 zone. As long as we stay above this, the upward structure remains intact.
Indicators: The Exponential Moving Averages (EMA) are starting to curl upwards, suggesting that the momentum is shifting back to the buyers.$BTC #TrumpSaysIranWarWillEndVerySoon $BNB