BTCUSD analysis today

Updated
Greetings, dear companions!

BTCUCD is maintaining its bullish momentum at elevated levels, currently being traded at $27,658. Although it has yet to surpass the anticipated threshold of $28,000, it is still demonstrating commendable profitability.

From a technical analysis perspective, we observe a significant upward trend in the value of gold. Looking ahead, BTC must overcome the present resistance at $28,071, and even surpass the higher resistance at $28,340, in order to sustain its upward trajectory.
Trade active
good luck
Note
Showing clear signs of hitting the support level I have provided could be a strong support push for this pair to move up.
Note
BTCUSD long-term analysis
BTCUSDForexHarmonic PatternsTechnical IndicatorsintradaytradeoptionsstrategiessignalsTechnical AnalysisTrend Analysis

Related publications

Disclaimer