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Mrn1995
Apr 10, 2021 5:59 PM

Can BTC cross the 62K level ? Long

Bitcoin / TetherUSBinance

Description

In small timeframes, when we look at bitcoin, we see its beautiful movement up to the level of 62 K. Sharp ups and downs that misled us at the moment, on the other hand, completed the price correction trend in higher time frames.
This price correction increases the chances of seeing higher prices than bitcoin. It should be noted that if Bitcoin can not cross the level of 62 K , it will decline sharply due to the formation of the pattern of two peaks.

In my opinion, bitcoin can be bought with a goal of 68 K.
But if the price penetrates below the level of 58 K , which is a strong support level, it should be out of the uptrend.


Please share with me if you have any other analysis of bitcoin.

Comment


Increase Triangle | complete 5# Wave
Comments
glnelso
I think if we can turn 60,000 into the new support level for a couple weeks, we will go higher into uncharitable territory.
Mrn1995
@glnelso

I'm totally Agree with you 60 K has the potential to become a strong support
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