On the daily chart, BTCUSD fluctuated upward after forming a head and shoulders bottom pattern, and the bullish trend is currently dominant. In the short term, attention can be paid to the resistance near 72,000. If a breakthrough is formed, it is expected to continue to rise, with the upward target looking at the previous high near 73,800, and a breakthrough is expected to go to near 75,000. At present, attention can be paid to the opportunity to buy on the pullback.
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.