Hi BITmarketers! π
A new Bitcoin analysis has been published by our analyst team π
A monthly outlook for Bitcoin's movement and long-term targets:
The monthly support is at $62,420, and staying above this level is positive, with an initial monthly target of $78,900, followed by $100,000 if the positive momentum continues.
Losing the $62,420 support on a monthly basis is negative and opens the door for a correction towards $51,300.
Good luck π
Disclaimer:
The content and discussions within the "Bitcoin Analysis" are solely intended for informational, educational, and analytical purposes only. These are provided for the general information of the subscribers "and should not be construed as professional or trading advice or investment recommendations". The decision to engage in trading activities rests solely with the subscriber.