Bitcoin is forming a bullish pennant on the 1-hour chart, which could suggest a continuation of the previous uptrend. However, remember that this is just analysis, and the market can behave unpredictably. If a breakout occurs, we might see a move toward the $66,000 - $67,000 range, but this is not guaranteed.
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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.