goldtradingexpert

Bitcoin is waiting to break its critical resistance zone.

Long
BINANCE:BTCUSDT   Bitcoin / TetherUS
Bitcoin is hovering near its strong resistance level of the $45800 price zone. Several times BTC dropped from this resistance level. So, breaking above the $45800 price zone, BTC may increase. I am still bullish in BTC and waiting to break above the resistance zone.

Breaking above $45800, I will go for more buy. 1st target is $52000, the next target is $59800, and the final target to the upside is the $71900 price zone with the stop loss below the trendline support level.


Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.