As assumed in the previous analysis, the support held and BTC broke through the diagonal resistance with significant volume. From here, I can imagine we will consolidate at around 7.5k and slowly move upwards. 8k is still our short-term target where 0.62 Fib and MA 100 meet. MACD and RSI are looking good for more potential upside. Bitcoin Halvening excitement might push the price even higher.
Good luck with your trades.
Good luck with your trades.
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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.