BitcoinLong
Bitcoin: Consolidation Before a Breakout?
Hi All!
On Friday, BTC/USD broke out of a bullish flag pattern, but the 98,300 resistance level halted further upside. Over the weekend, the price has been consolidating within a narrow range of 98,000 – 96,000.
Key Levels:
🔹 Resistance: 98,300 – a breakout above this level could open the way to 105,000.
On Friday, BTC/USD broke out of a bullish flag pattern, but the 98,300 resistance level halted further upside. Over the weekend, the price has been consolidating within a narrow range of 98,000 – 96,000.
Key Levels:
🔹 Resistance: 98,300 – a breakout above this level could open the way to 105,000.
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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.