🔥 Bitcoin Break Out After Successful Re-Test
Two days ago I made an analysis on Bitcoin. Here I argued that BTC had to re-test the bearish channel's resistance before continuing the bullish break out.
My two targets got reached today during a massive bullish move in the morning. The past two targets have now turned in support. It might be the case that BTC will trade within the range of 62.5k - 63.5k for a day or so before going up again.
Next target placed at 67k. For the rest of the week, I think that 70k is definitely in the cards.
Happy trading!
My two targets got reached today during a massive bullish move in the morning. The past two targets have now turned in support. It might be the case that BTC will trade within the range of 62.5k - 63.5k for a day or so before going up again.
Next target placed at 67k. For the rest of the week, I think that 70k is definitely in the cards.
Happy trading!
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