The last few days have already been marked by steadily rising Bitcoin (BTCUSD) prices. Thus, there is much to suggest that there could be a march to new highs for the upcoming Easter holiday. The USD 60,000 mark is once again on the agenda and it will be exciting to see whether the largest and best-known of all coins finally manages to sustainably establish itself above this round level. If it succeeds, it should be able to climb to lofty heights of USD 75,600 as the spring progresses.
Should there still be a possible setback before establishing above the round mark of USD 60,000, the fresh support at USD 51,313 will come into focus. Above this level, the bullish setup remains constructive. Below this level, however, one would have to reckon with an impulse setback of about USD 10,000. Accordingly, a drop to around 42,000 USD is likely.
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Despite careful analysis, Global Investa does not guarantee the content, timeliness, accuracy or completeness of the information provided. In particular, the information provided does not constitute investment advice, a recommendation to buy or investment brokerage and can in no way replace investor- and investment-appropriate advice from a professional investment advisor who takes into account the client's individual economic circumstances and level of experience.
Should there still be a possible setback before establishing above the round mark of USD 60,000, the fresh support at USD 51,313 will come into focus. Above this level, the bullish setup remains constructive. Below this level, however, one would have to reckon with an impulse setback of about USD 10,000. Accordingly, a drop to around 42,000 USD is likely.
If you liked the analysis, we would be pleased if you liked or subscribed to it. By doing so, you support our work enormously!
Notice:
Despite careful analysis, Global Investa does not guarantee the content, timeliness, accuracy or completeness of the information provided. In particular, the information provided does not constitute investment advice, a recommendation to buy or investment brokerage and can in no way replace investor- and investment-appropriate advice from a professional investment advisor who takes into account the client's individual economic circumstances and level of experience.