BITCOIN'S 7 MONTH FALLING CHANNEL...
Bitcoin has respected this falling channel since March 2024.
Current price: 61,200
The support around 60500 is a very key area to watch. It is literally the on switch or the off switch for the bullish market!
A break below this point will find supports around: 56k and finally 50k (very bearish)
If price action remains above the 60k region then expect higher prices.
Resistances: 66k, 71k
Current price: 61,200
The support around 60500 is a very key area to watch. It is literally the on switch or the off switch for the bullish market!
A break below this point will find supports around: 56k and finally 50k (very bearish)
If price action remains above the 60k region then expect higher prices.
Resistances: 66k, 71k
Note
#btc bitcoin has maintained prices above 60k... expecting higher prices!Note
BTC above 60k, bullish for #altcoinsNote
BTC has remained above 60k. A break out of this channel will lead to New ALL TIME HIGHS for #bitcoin and altcoins will follow the uptrend as well...Note
Now 66k!
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