The daily Bitcoin chart suggests a bullish momentum could be validated if the price surpasses the $67,000 level. Conversely, if Bitcoin remains below $65,000, it would signal a bearish trend based solely on technical analysis. Bitcoin has recently retested a crucial trendline support and rebounded from it. This retest and bounce off the key trendline reinforces the buy signal. The bullish outlook remains intact as long as Bitcoin respects this trendline support.
linktr.ee/jasonregalado
The Altcoin market has formed a bullish rebound from the yellow resistance line, flipping resistance into support. I think the bullish retest looks great for now, I would like to see continued buy volume and a weekly candle close above resistance around $605 billion. Follow me on social media: https://linktr.ee/realchartchamp
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The Altcoin market has formed a bullish rebound from the yellow resistance line, flipping resistance into support. I think the bullish retest looks great for now, I would like to see continued buy volume and a weekly candle close above resistance around $605 billion. Follow me on social media: https://linktr.ee/realchartchamp
Read More