BTC has finally broken above the $60k resistance and is rallying toward the $65.5k resistance.
Over the last four days, BTC has shown a strong rally of 11% and is currently aiming for $65.5k, where it is likely to encounter resistance.
The BTC chart looks promising, and if it continues to rally like this, we might even see a breakout above
65K, reaching the $70k range.
Also, be cautious of the rejection possibly after reaching the $65.5k resistance.
Trade safely.
Regards,
Team Dexter.
Over the last four days, BTC has shown a strong rally of 11% and is currently aiming for $65.5k, where it is likely to encounter resistance.
The BTC chart looks promising, and if it continues to rally like this, we might even see a breakout above
65K, reaching the $70k range.Also, be cautious of the rejection possibly after reaching the $65.5k resistance.
Trade safely.
Regards,
Team Dexter.
Note
#BTC has reached the expected range, and the daily close occurred at the resistance point of $64.7k. This is a crucial juncture for BTC because a rejection will drop the price to $60k again, while a breakout will push the price to $70k.
In my opinion, we will likely see a slight rejection after these continuous green candles.
Note
BTC Urgent Update!!!
#BTC has avoided rejection with a daily close at $65k. It is currently trending above the resistance level. With the current price at $65.7k,
BTC is likely to hit the $70k range soon.This isn't the first time BTC has made such a move; we have seen it before and we are seeing it again.
Expecting $70k while keeping in mind the negative aspects, that is, a close below the trendline (
65K).Let's be cautious because the market is becoming greedy again.
Not financial advice.
Trade safely.
Regards,
Team Dexter.
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.
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.