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The chart you provided is a 4-hour Bitcoin (BTC) candlestick chart,
#binance#Btctrading#viralThe chart you provided is a 4-hour Bitcoin (BTC) candlestick chart, and here are some key observations:
1. **Price Movement**:
- The current price is $67,388, showing a 0.30% increase in the past 24 hours.
- The price previously reached a high of $69,519.52 but has since pulled back.
- The price bounced from a low of $65,260 and is now in recovery.
2. **Support and Resistance**:
- Resistance is shown around $69,500 and $68,170. These levels were previously tested but the price couldn’t break through them.
- There is clear support around $65,260, where the price rebounded.
3. **Recent Trend**:
- After hitting a high near $69,500, the price experienced a strong pullback, with a recent recovery from the $65,260 support area.
- The current price is recovering but remains below the previous resistance levels.
The chart suggests the possibility of further upward movement if the price can break back through the resistance levels, or it may consolidate if the resistance holds strong.
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