Currently, Bitcoin is in a strong upward trend. It has soared directly from a sideways movement at 84,000 to the resistance zone near 89,000. Now, with the price at 86,000, the market sentiment remains bullish.
Technically, Bitcoin has broken through the sideways range, and its moving averages show a bullish alignment. The 85,000 level has emerged as a significant support.
Fundamentally, factors such as global economic uncertainties, exuberant market sentiment, and a relatively relaxed regulatory environment are jointly driving the continuous upward movement of its price.
💎💎💎 BTCUSD 💎💎💎
🎁 Buy@85000 - 85500
🎁 TP 87000 88000 88999
The market has been extremely volatile lately. If you can't figure out the market's direction, you'll only be a cash dispenser for others. If you also want to succeed，Follow the link below to get my daily strategy updates
Technically, Bitcoin has broken through the sideways range, and its moving averages show a bullish alignment. The 85,000 level has emerged as a significant support.
Fundamentally, factors such as global economic uncertainties, exuberant market sentiment, and a relatively relaxed regulatory environment are jointly driving the continuous upward movement of its price.
💎💎💎 BTCUSD 💎💎💎
🎁 Buy@85000 - 85500
🎁 TP 87000 88000 88999
The market has been extremely volatile lately. If you can't figure out the market's direction, you'll only be a cash dispenser for others. If you also want to succeed，Follow the link below to get my daily strategy updates
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The price of BTC has reached 88000.
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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.