🚀🚀🚀 #bitcoin☀️ Breaks Key Pattern, Analyst Predicts Possible Surge to $67k as Bullish Momentum Grows
Bitcoin recently broke out from a bullish reversal pattern, aiming for a potential target of $67,380, reflecting a 9.75% rise from the breakout level. Despite this momentum, resistance near $65,000 is holding, with RSI flattening and MACD momentum weakening.
Key support is at $61,000. Breaking the $65,000 resistance could lead to further gains, but consolidation is possible if it holds. #CryptoAnalyst MikybullCrypto highlights that Bitcoin's reversal pattern and a golden cross suggest more upside potential.
Bitcoin is currently trading at $64,000, up 5.43% in 24 hours. Indicators show bullish tendencies but also signal a possible slowdown. The inverse head-and-shoulders pattern, supported by moving averages, suggests continued upward movement. However, resistance near $65,000 remains a challenge, potentially leading to consolidation or a pullback if it persists. Traders should monitor key levels closely.
Source - cryptonewsland.com
