The last time Bitcoin broke out from major resistance, it rose approximately 59%. If that measured move were to repeat itself, it would mean a price target of 176,000.
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I mistyped the price target. We should be looking at 168k.
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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.