BTC/USD as at Thursday 5th December 2024 made a breaking record as it traded $104k. investors were all excited about the milestone bitcoin has achieved . As a trader, how do we position ourselves to capitalize on this opportunity?
From the chart outlook In daily timeframe, I discovered the rising channel movement in daily timeframe and this is a sign for slow in momentum after bitcoin had a major breakout in price prior to US election announcement. We have a level of $105k and $111k as the next target in BTC. We keep a close watch for the next opportunity that’ll come out of this coin. A break above $105 Insight a bullish trend continuation
From the chart outlook In daily timeframe, I discovered the rising channel movement in daily timeframe and this is a sign for slow in momentum after bitcoin had a major breakout in price prior to US election announcement. We have a level of $105k and $111k as the next target in BTC. We keep a close watch for the next opportunity that’ll come out of this coin. A break above $105 Insight a bullish trend continuation
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.