I hope you haven't suffered losses in these volatile market cond
Today, I'd like to offer a brief analysis of Bitcoin.
Resistance and Support:
Bitcoin is currently at a critical juncture.
There's a significant resistance level at $69,090.
And a support level at $51,000.
Analysis:
If Bitcoin experiences a healthy upward movement, a correction will likely follow.
If the price decisively closes above the $62,612 line, a correction can be expected.
In that scenario, the next target could be the uptrend line, currently around $56,000.
Important Note:
This is just an analysis, and there's no guarantee for the future.
Always conduct your own research and utilize proper capital management before any trades.
Sharing is Caring:
I hope this analysis proves useful for you.
If you find this analysis helpful, please share it with your friends so we can all survive and profit in this market.
To Investment Managers:
Please remember that my analysis is just an opinion, and you should always conduct your own research and utilize proper capital management before any trades.
Good luck!
BTCUSDT
Resistance and Support:
Bitcoin is currently at a critical juncture.
There's a significant resistance level at $69,090.
And a support level at $51,000.
Analysis:
If Bitcoin experiences a healthy upward movement, a correction will likely follow.
If the price decisively closes above the $62,612 line, a correction can be expected.
In that scenario, the next target could be the uptrend line, currently around $56,000.
Important Note:
This is just an analysis, and there's no guarantee for the future.
Always conduct your own research and utilize proper capital management before any trades.
Sharing is Caring:
I hope this analysis proves useful for you.
If you find this analysis helpful, please share it with your friends so we can all survive and profit in this market.
To Investment Managers:
Please remember that my analysis is just an opinion, and you should always conduct your own research and utilize proper capital management before any trades.
Good luck!
BTCUSDT