Bitcoin has confirmed two bullish patterns with an impulsive break out as well as multiple candle closes above key resistance. Currently bitcoin is experiencing a retest since 60k continues to prove how strong of a resistance it is. Based on the trend of the upward trend of the alligator we should see really good gains out of bitcoin in the next few days with technical target being 70-75k which could be reached some time this month.
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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.