Bitcoin Update
Bitcoin able to claim the daily 50 MA and retested it. A daily candle close above $59,200 is highly bullish. The daily 50 MA now behaves as support which is around $56,800. This is the last major resistance zone and after that, we have small resistance areas of $61,500 and $63,600. We will see a breakout of the $59,200 resistance zone in the next week. Tighten your seat belts and be prepared for the epic rally.
Bitcoin able to claim the daily 50 MA and retested it. A daily candle close above $59,200 is highly bullish. The daily 50 MA now behaves as support which is around $56,800. This is the last major resistance zone and after that, we have small resistance areas of $61,500 and $63,600. We will see a breakout of the $59,200 resistance zone in the next week. Tighten your seat belts and be prepared for the epic rally.
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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.