Bitcoin - Pending Breakout
Bitcoin is presently trading around its previous resistance level and has already surpassed its previous all-time high. This consolidation around the resistance zone is crucial for Bitcoin to gather enough energy to break out from the resistance. Once the price breaks out, I expect it to easily reach $75,000, then retrace back to support (the previous resistance of $70,000), and then bounce back again. Overall, Bitcoin is appearing bullish. While there is a chance of Bitcoin being rejected from the resistance, the likelihood of that happening is very slim.
Stay tuned for more updates.
Best Regards,
VectorAlgo
Stay tuned for more updates.
Best Regards,
VectorAlgo
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🖥 Website: vectoralgo.com/
✈️ Telegram: t.me/VectorAlgo
🕸 SocialMedia: linktr.ee/vectoralgo
Join for latest signals/updates/advice.
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