Today we start our week with BTCUSD (BITCOIN) price movement prediction.
From my analysis, BTCUSD breaks the previous 50k resistance level which indicates we looking for a 52k price tag before price making some correction might be until the previous RBS (Resistance Become Support) level.
We clearly see the trajectory changed from an unhealthy uptrend into a progressive uptrend movement. Personally, I am positive this BTCUSD gonna continue uptrend until at least a 60k price tag. Here are some profit targets I am interested to be hit before reaching the 62k price tag:-
Take profit 1: 52,850.33 Take profit 2: 57,057.30 Take profit 3: 61,818.66
Taking advantage of every price correction will generate huge profit, that is the reason we dance with the market swing high, swing low.