Bitcoin | Price Analysis | Bullish Breakout or Fake Rally? | CRYPTO
Hi, traders. Thanks for tuning in for today’s update. Today, we have broken down the current PA we are watching on BTC on its daily chart.
Pattern – HL building?
Support – 63,860, 60,675
Resistance – 66,710
Two things have presented themselves to us. Could we have a new HL forming after yesterday’s fightback? Could this then set off a new leg higher to test the top of the range?
Or two, could this be a false point of support, and will we see sellers make a new move at testing lower-range support?
Bitcoin: Thoughts and Analysis
Good trading.
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