Cryptolean Bitcoin BTC Update
Daily Chart
Bitcoin price is trading in the daily range zone between $65,400-$70,838 and forming a corrective structure (most likely, a triangle), before another bullish extension.
The daily candle closure and a sustained price action above $70,838 or, even better, above $71,604 will push Bitcoin price towards $77,250 and, possibly, higher to $82,890, the new ATH.
However, on the way to the key resistance around $77,250, BTC will have to deal with a minor resistance at $73,761.
Below $65,400, the key daily support, BTC will decline towards $62,450 support, and lower to $58,990.
Support once read.
Thank you!
Bitcoin price is trading in the daily range zone between $65,400-$70,838 and forming a corrective structure (most likely, a triangle), before another bullish extension.
The daily candle closure and a sustained price action above $70,838 or, even better, above $71,604 will push Bitcoin price towards $77,250 and, possibly, higher to $82,890, the new ATH.
However, on the way to the key resistance around $77,250, BTC will have to deal with a minor resistance at $73,761.
Below $65,400, the key daily support, BTC will decline towards $62,450 support, and lower to $58,990.
Support once read.
Thank you!
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