Bitcoin (BTC): Will We See Soon $74K or $60K?
We are back with Bitcoin this time on a daily timeframe, where we see that the price is not showing any remorse toward the current resistance zone and is still trying to push and break it.
As we are seeing some attempts to break that zone, we are also looking here for two possible scenarios. Overall, the gameplan has not changed, as our final target is still that lower zone of $50K (after we secure $60K). It is just a matter of time.... But what we see is a potential re-test of the ATH zone if we somehow break the current resistance. If we see a fakeout near the current market price, then we will be looking for a potential start to a correction.
Swallow Team
As we are seeing some attempts to break that zone, we are also looking here for two possible scenarios. Overall, the gameplan has not changed, as our final target is still that lower zone of $50K (after we secure $60K). It is just a matter of time.... But what we see is a potential re-test of the ATH zone if we somehow break the current resistance. If we see a fakeout near the current market price, then we will be looking for a potential start to a correction.
Swallow Team
Comment:
Bitcoin has done a nice movement where it god rejected from resistance zone and price is now back trading on lower side of resistance zone!
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⚡️ Short-Term + Mid-Term Trades
Join our amazing team and be part of something bigger.
FREE: t.me/SwallowCryptoTeam