BITCOIN'S 7 MONTH FALLING CHANNEL...
Bitcoin has respected this falling channel since March 2024.
Current price: 61,200
The support around 60500 is a very key area to watch. It is literally the on switch or the off switch for the bullish market!
A break below this point will find supports around: 56k and finally 50k (very bearish)
If price action remains above the 60k region then expect higher prices.
Resistances: 66k, 71k
Current price: 61,200
The support around 60500 is a very key area to watch. It is literally the on switch or the off switch for the bullish market!
A break below this point will find supports around: 56k and finally 50k (very bearish)
If price action remains above the 60k region then expect higher prices.
Resistances: 66k, 71k
Note
#btc bitcoin has maintained prices above 60k... expecting higher prices!Note
BTC above 60k, bullish for #altcoinsNote
BTC has remained above 60k. A break out of this channel will lead to New ALL TIME HIGHS for #bitcoin and altcoins will follow the uptrend as well...Note
Now 66k!
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.