The daily chart shows the spot Bitcoin price trading on either side of $52k. A confirmed break above this level will allow BTC/USD to press higher with little in the way of technical resistance until $80k-$100k comes into view. A short period of consolidation may be needed but unless there is a fundamental change in market sentiment, the path of least resistance over the coming weeks remains higher.
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Btc poises to hit new all time high trendline show us all time highNote
Btc still valid to tradeBtc going all time high
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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.