Hi BITmarketers! π
A new Bitcoin analysis has been published by our analyst team π
Bitcoin Analysis - Weekly Time Frame
On a weekly basis, Bitcoin is considered to have broken out as long as it remains above the support level of $66,825, which provides a positive outlook toward targeting $74,800.
If it loses the $66,825 support level and falls back below the breached trendline, this would indicate a bearish signal, opening the path to potentially reach $60,065.
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.