Bitcoin has been in steady accumulation since 1st touching the $51,689 resistance level. From here, Bitcoin looks like its heading back up towards that same level and breaking out higher from there after holding support along this well-respected uptrend and support levels in the high-40k region.
Bitcoin has been steady holding $44,854 & $47,410, which offers the signal of continued bullish momentum in the markets. The next resistance level for Bitcoin is the $51,689 level, followed shortly after by the $54,028 (2.618 Fib) level.
Moving into the end of the month, i'm expecting Bitcoin to reach the $55k resistance level. From there, i'll update you on the price actions.
As always please do your own research, I am not a financial analyst
Bitcoin has been steady holding $44,854 & $47,410, which offers the signal of continued bullish momentum in the markets. The next resistance level for Bitcoin is the $51,689 level, followed shortly after by the $54,028 (2.618 Fib) level.
Moving into the end of the month, i'm expecting Bitcoin to reach the $55k resistance level. From there, i'll update you on the price actions.
As always please do your own research, I am not a financial analyst
