Bitcoin Buy Trade Targeting $68,000 Levels
Bitcoin has successfully broken the descending trendline on the 4-hour timeframe and is now retesting it, showing buying momentum that could push the price towards an initial target at $65,000 levels, followed by $68,000 levels.
It should be noted that the upward potential will be invalidated if the price returns below the descending trendline that it successfully broke.
It should be noted that the upward potential will be invalidated if the price returns below the descending trendline that it successfully broke.
Trade closed: target reached
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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.