Summary
- Digital-asset analyst Killa said Bitcoin's key resistance level is $65,300.
- Killa said a strong move back above $65,300 could open the way for a further rise to $66,900.
- Killa added that Bitcoin has traded in the same range for the past two months and could remain range-bound for the time being.
Bitcoin's key resistance level is $65,300.
Digital-asset analyst Killa wrote on X, formerly Twitter, on Aug. 9 that Bitcoin is meeting resistance at $65,300, its current weekly high. A strong move back above that level could open the way for a further climb to $66,900.
Still, Bitcoin has traded within the same range for the past two months, Killa added. That suggests the token could remain range-bound for now.
bloomingbitOriginal link
Disclaimer: The market is risky, and investment needs to be cautious. This article does not constitute investment advice. Users should consider whether any opinions, views, or conclusions in this article are in line with their specific circumstances. Investment based on this is at their own risk.