Possible BTC Breakout! Eyeing $70k!!
Hello everyone! If you enjoy this content, please consider giving it a like and following for more updates.
The chart suggests a potential breakout from a descending channel pattern for Bitcoin (BTC), followed by a retest of the broken trendline as support. If this retest holds, there could be a significant price increase towards $70k. The 50MA is also acting as a potential support level.
Here's what could invalidate this bullish scenario: A daily candle close below $61.5k.
What do you think about this potential price movement? Share your thoughts in the comments below!
The chart suggests a potential breakout from a descending channel pattern for Bitcoin (BTC), followed by a retest of the broken trendline as support. If this retest holds, there could be a significant price increase towards $70k. The 50MA is also acting as a potential support level.
Here's what could invalidate this bullish scenario: A daily candle close below $61.5k.
What do you think about this potential price movement? Share your thoughts in the comments below!
Ideias Relacionadas
