BtcUsd- Again at a juncture point
In my previous BTC/USD analysis, I mentioned that as long as the 58k zone holds, a rebound to the 61,500 zone, with an extension to 64k, was likely.
Currently, the price is just below the second target, a critical point defined by horizontal resistance and the falling trend line from the channel.
Bulls need to break above this level for a strong final in 2024. However, if they fail to reclaim this zone, a drop to 50k becomes a strong possibility.
Currently, the price is just below the second target, a critical point defined by horizontal resistance and the falling trend line from the channel.
Bulls need to break above this level for a strong final in 2024. However, if they fail to reclaim this zone, a drop to 50k becomes a strong possibility.
📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals
💎 Crypto Channel:
t.me/FanCryptocurrency
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t.me/intradaytradingsignals
💎 Crypto Channel:
t.me/FanCryptocurrency
🌟 Bust your trading with 50% deposit bonus:
secure.m4markets.com/links/go/5426
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