SroshMayi

BITCOIN 6 Dec 2023 (continuation at the bullish...)

Long
BITSTAMP:BTCUSD   Bitcoin
BTCUSD 6 Dec 2023

Bitcoin, alongside the rest of the cryptocurrency market, is known for its ability to overcome any challenges and have strong comebacks despite everyone writing it off. Various financial experts have been predicting that the Bitcoin bubble will pop “in the near future” every month without fail for the past eight or so years. And yet, the coin remains on top, and BTC investors enjoy high profits, patiently waiting for yet another meteoric BTC price rise.


Our real-time BTC to USD price update shows the current Bitcoin price as $43,709.1 USD
Our most recent Bitcoin price forecast indicates that its value will increase by 3.67% and reach $43,880 by December 07, 2023.
Our technical indicators signal the Bullish Bullish 88% market sentiment on Bitcoin, while the Fear & Greed Index is displaying a score of 75 (Greed).
Over the last 30 days, Bitcoin has had 17/30 (57%) green days and 3.52% price volatility.

The price reached our last target perfectly which was 43153

The price pushed up from the price we mentioned in the previous idea was 37800
So now we are at the strong bullish trend pressure, especially if can stable above 43153 toward 52790

Stabilizing the price above 37800 means the continuation of the bullish trend to reach 52790 and 60982

Pivot price 43150
Resistance Price: 52790 & 60980
support price: 37800 & 31890

previous idea:

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