BTCUSD: Price increases keep thinking, what's going on?
Hello friends, what do you think about Bitcoin's next trend?
BTCUSD
Specifically, in general, the price quickly surpassed the resistance level of 65,000 USD and increased strongly until now.
Technical analysis shows that the 34 EMA is forming a reversal signaling further price increases for this Bitcoin coin.
With the possibility of a DOW forming, theory and technical fundamentals suggest the price will quickly rise to the designated targets around $70,211 and $73,783.
BTCUSD
Specifically, in general, the price quickly surpassed the resistance level of 65,000 USD and increased strongly until now. Technical analysis shows that the 34 EMA is forming a reversal signaling further price increases for this Bitcoin coin.
With the possibility of a DOW forming, theory and technical fundamentals suggest the price will quickly rise to the designated targets around $70,211 and $73,783.
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Objective 1 is temporarily completed
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