Bitcoin Price Action Update:
Yesterday, Bitcoin retraced to the triangle breakout zone, indicating a potential retest.
This move aligns with a surge in buying volumes according to on-chain data, sparking optimism.
If validated, a market rise could be imminent. Keep an eye on the $29,000 resistance; it might offer an excellent profit-taking opportunity for short-term traders. Stay vigilant and trade wisely.📈💰
👇 Long-term analysis chart 👇
Yesterday, Bitcoin retraced to the triangle breakout zone, indicating a potential retest.
This move aligns with a surge in buying volumes according to on-chain data, sparking optimism.
If validated, a market rise could be imminent. Keep an eye on the $29,000 resistance; it might offer an excellent profit-taking opportunity for short-term traders. Stay vigilant and trade wisely.📈💰
👇 Long-term analysis chart 👇
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💡 Elevate Your Trading Game! Join Vestinda's Vibrant Discord Community💬
📈 Discover insights, share strategies, and connect with fellow traders. Click to join: bit.ly/3rmVr9b 💜💜💜
📈 Discover insights, share strategies, and connect with fellow traders. Click to join: bit.ly/3rmVr9b 💜💜💜
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.