BTC/USDT:
The price of Bitcoin is currently attempting to break out of the trendline resistance for the 5th time. I believe that this time it will successfully break out and experience a significant upward movement. In the event of a fakeout, there is an alternative scenario where the price may retreat towards the 60-59k range before bouncing back up to 72k. Overall, my sentiment is bullish, and I anticipate the price reaching 72k in the coming days.
Please note that the above is not financial advice. Kindly conduct your research (DYOR) before making any investment decisions.
The price of Bitcoin is currently attempting to break out of the trendline resistance for the 5th time. I believe that this time it will successfully break out and experience a significant upward movement. In the event of a fakeout, there is an alternative scenario where the price may retreat towards the 60-59k range before bouncing back up to 72k. Overall, my sentiment is bullish, and I anticipate the price reaching 72k in the coming days.
Please note that the above is not financial advice. Kindly conduct your research (DYOR) before making any investment decisions.
Note
As expected 70k Touched
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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.