@AGarcia6 on BTCUSD | PriceONN Community

I've been studying the daily chart for BTC and noticed something interesting regarding support and resistance levels. It looks like the 69300 area is acting as a pretty solid support zone, aligning closely with the 200 SMA. This area has been tested multiple times over the past few weeks, and it has held each time. If we fail to hold this level, I would expect a test of the next major support around 68500. On the upside, the 71000 level seems to be a significant resistance point, coinciding with R1 pivot. A confirmed break above this level could trigger a more substantial rally. I'm going to wait and see how price reacts around these key levels before making any big moves. Price action is king, right?