Bitcoin: Strong Bullish Momentum Ahead
BTCUSDT technical analysis update
Currently, Bitcoin has been trading within a range for the past 200 days.
From March 2023 to October 2023, the price fluctuated between
25K and 32K for 224 days before breaking the range and bouncing over 130%.
Now, we are observing a similar pattern, with Bitcoin trading inside a rectangle since February, between 53K and 73K. The price is approaching a potential breakout, which could occur within a month. Once the breakout happens, we may see a strong bullish move.
Regards
hexa
Currently, Bitcoin has been trading within a range for the past 200 days.
From March 2023 to October 2023, the price fluctuated between
25K and 32K for 224 days before breaking the range and bouncing over 130%.Now, we are observing a similar pattern, with Bitcoin trading inside a rectangle since February, between 53K and 73K. The price is approaching a potential breakout, which could occur within a month. Once the breakout happens, we may see a strong bullish move.
Regards
hexa
🚀 Join the No. 1 altcoin options exchange and Get 10 USDT trial bonus
coincall.com/r/01111077
💬Telegram: t.me/hexatrades
🌐Website: hexatrades.io/
🗣️Twitter(X): twitter.com/HexaTrades
coincall.com/r/01111077
💬Telegram: t.me/hexatrades
🌐Website: hexatrades.io/
🗣️Twitter(X): twitter.com/HexaTrades
Related publications
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.