Bitcoin Hits 63K as We Predicted! Where to Next?
In my previous analysis, I expected Bitcoin to move up to the 62.5-63K zone despite the bearish sentiment around. https://www.tradingview.com/chart/BTCUSDT/Xy9gXA33-BITCOIN-BULL-IS-NOT-OVER/
Now that we've hit our first target, what should we expect next? Here's my updated opinion on the most likely scenario for BTC/USDT. We're expecting the next daily candle to retest around the 60.672$ zone, where there will be a tight battle between bulls and bears to decide the market direction. I still believe we have a good chance to close the month above the current monthly structure around 60.672$ and maintain a bullish view for the overall cryptocurrency market, as this month's candle close is very crucial!
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Now that we've hit our first target, what should we expect next? Here's my updated opinion on the most likely scenario for BTC/USDT. We're expecting the next daily candle to retest around the 60.672$ zone, where there will be a tight battle between bulls and bears to decide the market direction. I still believe we have a good chance to close the month above the current monthly structure around 60.672$ and maintain a bullish view for the overall cryptocurrency market, as this month's candle close is very crucial!
Boost this idea and follow for more analysis like this. Comment and share your thoughts below!
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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.
Join my VIP group: t.me/CryptoOverseerX Special price for the first 10 members. Money-back guarantee if no profit in 3 months! For more, visit overseer-x.com/. Free group: t.me/CryptoOverseerXFree
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.