This week has brought positive developments in the market, with three significant events occurring:
1. We broke out of the June channel
2. We returned to the consolidation zone
3. We broke out and tested the November channel
These developments suggest that the bulls have regained control. As we remain in the consolidation zone, our current target is $72,000, and given the favorable factors mentioned earlier, there's a high likelihood that we might even surpass the consolidation zone. My previous analysis has proven accurate, and I'm eager to continue monitoring the market.
Please feel free to suggest other cryptocurrencies you'd like me to analyze, and I'll be happy to provide insights over the next few days.
BTCUSD BTCUSD
1. We broke out of the June channel
2. We returned to the consolidation zone
3. We broke out and tested the November channel
These developments suggest that the bulls have regained control. As we remain in the consolidation zone, our current target is $72,000, and given the favorable factors mentioned earlier, there's a high likelihood that we might even surpass the consolidation zone. My previous analysis has proven accurate, and I'm eager to continue monitoring the market.
Please feel free to suggest other cryptocurrencies you'd like me to analyze, and I'll be happy to provide insights over the next few days.
BTCUSD BTCUSD 
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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.