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TradeWithTheTrend3344
Mar 15, 2024 5:41 PM

Bullish Momentum Continues as BTCUSD Hits New Highs Long

Bitcoin / U.S. dollarBitstamp

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Hello Everyone,

BTCUSD has surged to a new peak at 73819.55, fueling optimism for further upward momentum in the market. The current trend remains decidedly bullish, with indications pointing towards its persistence. While recent retracements have found support at weekly levels and are now retracing towards daily support, there is a strong indication of a bullish continuation. It is crucial to monitor whether the price respects the daily support zone and maintains the 1W PP as a supportive factor. Stay alert to potential shifts in market dynamics while acknowledging the prevailing bullish sentiment.



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