Bitcoin has been contending with the 200 EMA for a while now, and the momentum is building. It’s primed to break out. The rocket is ready to launch, and I anticipate BTC will find support at $60,700. From there, it could bounce off that level, push through the $62,073 resistance which isn’t particularly strong, and make its way up to $64,727, where it may encounter significant resistance.
Related publications
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.
Related publications
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.