BITCOIN (BTC) is currently trading arround 92.360 reflecting a slight pullback from its recent highs . the 1d chart indicates a bullish trend with btc having broken out of a four month-falling wedge pattern and closing above the 200-day moving average . the relative strength index (RSI) remains above 50, suggesting continued upword movement key resistance lies at at the $100,000 level , where selling pressure could emerge but a decisive closr above this could target $108,000 based on the patterns measured move . on the downside , support seen around $85,000 conciding with recent breakout levels
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FREE Trading Signals ..
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Forex, Gold & Crypto Signals with detailed analysis & get consistent results..
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Forex, Gold & Crypto Signals with detailed analysis & get consistent results..
t.me/Smart_Money_Trader_SMC
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.