BTCUSD analysis today
Updated
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BTCUCD is maintaining its bullish momentum at elevated levels, currently being traded at $27,658. Although it has yet to surpass the anticipated threshold of $28,000, it is still demonstrating commendable profitability.
From a technical analysis perspective, we observe a significant upward trend in the value of gold. Looking ahead, BTC must overcome the present resistance at $28,071, and even surpass the higher resistance at $28,340, in order to sustain its upward trajectory.
BTCUCD is maintaining its bullish momentum at elevated levels, currently being traded at $27,658. Although it has yet to surpass the anticipated threshold of $28,000, it is still demonstrating commendable profitability.
From a technical analysis perspective, we observe a significant upward trend in the value of gold. Looking ahead, BTC must overcome the present resistance at $28,071, and even surpass the higher resistance at $28,340, in order to sustain its upward trajectory.
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Showing clear signs of hitting the support level I have provided could be a strong support push for this pair to move up.Comment
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