Following the BTCUSD price testing the $49,000 area, indications suggest that the next target is the $55,000 zone. The highlighted demand, marked in blue below, appears to be an excellent level for initiating a continued buy position, with the target set at the $55,000 level.
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.