Bitcoin can break resistance and continue to move up
Hello traders, I want share with you my opinion about Bitcoin. When observing Bitcoin, we see how the price bounced from the level 27890, formed an upward impulse, and created a seller zone 30715-30990, from which it began to decline. After a deep upward correction, Bitcoin continued to fall and broke through the support level 27890. The price reached the support area 27270-27130 and after a while made a fake breakthrough, after which it began an upward movement and broke through the current resistance level. Bitcoin reached the resistance line, from which it bounced and formed a rally (the price plummeted to the support zone, bounce back and rose). Bitcoin is currently trading close to the resistance line and can continue upward. I think the price can break through the resistance line and the level 29900 and go up. In this case, I set the targets at level 29750, which coincide with the resistance line, and at level 30250. Please share this idea with your friends and click Boost 🚀
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🔷Join my telegram channel for free - bit.ly/4g4wovR
💰Want receive more profitable signals for Crypto & Forex market, write me 👉 bit.ly/4fNijD8
💰Want receive more profitable signals for Crypto & Forex market, write me 👉 bit.ly/4fNijD8
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.