BTC/USD (61k Dollars Strong Resistance?)

💎Technical Analysis Summary💎



BTC/USD

-The bounce from the support trendline 4 days ago is still valid
-BTC is playing around 60k dollars but having difficulty passing 61k resistance
-If we will follow the end of this triangle pattern, there is still 4-6 days of trading left
-The time is running out for the bulls, they must clear the resistance as soon as possible
-Otherwise, the bears might enter the market and seize the oppurtunity to break its trendline support
-I'm expecting a sharp drop down to the 50D MA area
-But if the bulls continue their trend, I think it can go to 70k dollars next target
-And many altcoins will follow Bitcoin's path to new higher high
-Very crucial week for the overall market, please always protect your capital
-Good luck and stay safe everyone!



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