Home Technical analysis BTC Why Bitcoin Price Is Gearing For Another Lift-Off To New ATH

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Hey, there... I just find interesting story about Bitcoin's next move by Aayush Jindal and I want to share some short details from the article...

Here's what you can find out:

  • Bitcoin gained bullish momentum above the $58,500 and $59,200 resistance levels.
  • The price is now trading above the $60,000 support and the 100 simple moving average (4-hours).
  • There is a short-term bullish continuation pattern forming with resistance near $60,300 on the 4-hours chart of the BTC/USD pair (data feed from Kraken).
  • The pair could start a fresh rally if it clears the $60,500 and $60,800 levels in the near term.

To read the full article, please go here.

Thanks and have a good life!

 

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