🔷Amid ongoing volatility in the cryptocurrency market, analysts at 10x Research have outlined key support and resistance levels critical for tracking Bitcoin’s (BTC) future price movement. These levels may serve as pivotal markers for the asset’s trajectory.
🔷According to experts, a breakout above the $69,472 resistance level could trigger a fresh wave of Bitcoin price growth. Conversely, a decline could see significant support around $52,364. These boundaries are seen as essential indicators for traders and could shape the short-term market outlook.
🔷However, analysts caution that macroeconomic factors are crucial for accurately predicting Bitcoin’s future trends. In the context of global economic instability, such as the Federal Reserve’s tightening monetary policy, market forecasts remain less certain.