Bitcoin

<ul><li>Bitcoin might experience a to $66.5K and then surge to $69.2K.</li><li>Bitcoin support at $62.5K aligns with key EMAs, with a bullish move to $70K possible.</li><li>Jelle saw Mt. Gox supply reduction boosting Bitcoin demand as the price is steady at $64K.</li></ul><a href="https://cryptotale.org/bitcoin-dips-below-65k-ethereum-dogecoin-and-toncoin-decline/" rel="noopener noreferrer nofollow">Bitcoin</a> (BTC) continues to capture the attention of traders and investors. The recent analysis from VeLLa Crypto is shedding light on its potential price movements. The analyst made a <a href="https://x.com/VellaCryptoX/status/1816688555806069140" rel="noopener noreferrer nofollow">post</a> on X platform, highlighting key levels and next possible moves of BTC. Notably, the analyst pointed out a cluster of Buy Stop Liquidity (BSL) above untapped highs and outlined possible scenarios for short-term price action.<img src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXfnHkIwcOMYlF56rGNwe117NBr4ewWe4KOQ12Wv8AmFI0q6k1E_uvA6s_0aBZZGDy7zDEupwcoBHwl4y_HB4PL0wGFbm5R4dzXMA_YlFpoe0ZuNr6yCgoMyfyGXtPIvNgtzRYrmlJMderEcnjpAxHgJHnt2?key&#61;S43sqlzNZ7i7JIGqZlYz2A" />According to VeLLa Crypto, Bitcoin is likely to move towards the $68,800 to $69,200 range. Before reaching this target, a minor pullback up to $66,500 to $66,400 range can be anticipated. This pullback area is identified as a support zone where BTC may find buying interest. The support levels at $66,500, $65,755, and $63,285 as they could be potential rebound points.<a href="https://cryptotale.org/analyst-predicts-btc-pullback-to-66-4k-before-rallying-to-69-2k-find-out-how/" rel="noopener noreferrer nofollow">Read more on Cryptotale.</a>Visit the links for more information <a href="https://cryptotale.org/" rel="noopener noreferrer nofollow">Website</a> | <a href="https://twitter.com/cryptotalemedia" rel="noopener noreferrer nofollow">Twitter </a>| <a href="https://t.me/cryptotale_news" rel="noopener noreferrer nofollow">Telegram </a>| <a href="https://www.instagram.com/cryptotalenews/" rel="noopener noreferrer nofollow">Instagram </a>|

Analyst Predicts BTC Pullback to $66.4K Before Rallying to $69.2K; Find Out How

CryptoTale

Other articles published on Jul 27, 2024

Dan Larimer: Innovator Behind EOS.IO and Clarion

Max Keiser Predicts Bitcoin Will Surpass All Traditional Assets

XRP Price Analysis Hints Major Breakout as Whale-to-Exchange Metric Drops

Winklevoss twins disinvited from White House crypto roundtable for endorsing Donald Trump

RFK Jr Promises Executive Order to Buy 550 Bitcoin Daily If Elected President

Is Bitcoin Still the Most Commonly Exploited Cryptocurrency by Criminals?

Join our free newsletter for daily crypto updates!