As you know, I am bearish on Bitcoin in the long term. However, in the short term, the cryptocurrency could see a recovery.
Yesterday, the price tested the 81,000 support zone once again and rebounded from that level. Now, Bitcoin is pushing against the 83,500 resistance, and I believe a breakout is likely.
If that happens, we could see further gains, with 86,500 as the next key target for the bulls.
In conclusion, I’m bullish on BTC in the coming days and will be looking to buy dips.
Yesterday, the price tested the 81,000 support zone once again and rebounded from that level. Now, Bitcoin is pushing against the 83,500 resistance, and I believe a breakout is likely.
If that happens, we could see further gains, with 86,500 as the next key target for the bulls.
In conclusion, I’m bullish on BTC in the coming days and will be looking to buy dips.
Trade active
BTC is stable above 83.500 resistance which is now supportTrade closed: target reached
86.500 target reached
📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals
💎 Crypto Channel:
t.me/FanCryptocurrency
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.
📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals
💎 Crypto Channel:
t.me/FanCryptocurrency
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.