BitcoinLong
i think we are ready for the Bull Run BTC has broken out ?
It seems that Bitcoin (BTC) is on the verge of a breakout, with many analysts pointing to October 2024 as a crucial time. After a long consolidation period, BTC is showing signs of a potential price surge, driven by various factors like institutional interest and technical indicators.
Some experts believe there may be a final dip in the short term, possibly around the $51,000-$54,000 range, before the price starts climbing higher. Analysts are watching closely for BTC to clear key resistance levels around $62,800. If it breaks through these levels, a move toward $70,000 or even $74,000 could be possible
THE CURRENCY ANALYTICS
COINTELEGRAPH
. Additionally, historical trends suggest that Bitcoin often experiences significant gains during the final quarter of halving years
COINTELEGRAPH
COINGAPE
.
Some experts believe there may be a final dip in the short term, possibly around the $51,000-$54,000 range, before the price starts climbing higher. Analysts are watching closely for BTC to clear key resistance levels around $62,800. If it breaks through these levels, a move toward $70,000 or even $74,000 could be possible
THE CURRENCY ANALYTICS
COINTELEGRAPH
. Additionally, historical trends suggest that Bitcoin often experiences significant gains during the final quarter of halving years
COINTELEGRAPH
COINGAPE
.
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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.
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.