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Makes and Breaks Level for BTC in Monthly Timeframe!!
Bitcoin
Makes and Breaks Level for BTC in Monthly Timeframe!!
By Bitking786
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Feb 28, 2024
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Feb 28, 2024
Technical analysis:
#BITCOIN (Monthly update)
* BTCUSD is trying to break the Raising wedge Pattern resistance in Monthly timeframe.
Bitcoin Bulls need to Reclaim the 66k Horizontal Resistance for further Upside movement ..
*BTC is now the most important zone right now, its makes or breaks level for bitcoin. if BTC doesn't break out may reach the 40k level again.
* RSI above 70 means bulls are in the upper hand, it will take the momentum from here and still have room to go upside..
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#bitcoin #crypto #nextmove #bullmarket #sideways #btcusdt #monthlyclosed
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