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snow_emma
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š„NEW SPOT SIGNAL š„
š„Coin :
$SOL
/USDT
šBuy Range: 137
šÆTarget -150
šÆ Target -160
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.
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SOL
153.95
+2.33%
144
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Long-term forecast for the BTC price: bullish On October 10, Bitcoin fell to a low of $58,943, but the bulls bought the dips. The largest cryptocurrency rallied above the moving average lines but was halted by the 21-day SMA resistance. If the bulls break through the 21-day SMA resistance, Bitcoin will rally to the next resistance at $65,000. The bullish momentum will now continue to the high of $70,000. Bitcoin is trading at $62,641, above the 50-day SMA support but below the 21-day SMA resistance. The trend will depend on when the moving average lines are broken. BTC indicator reading After the breakdown on October 9, Bitcoin has recovered between the moving average lines. The moving average lines have remained horizontal as Bitcoin continues to trade between $55,000 and $70,000. In addition, the moving average lines have maintained their positive crossover, suggesting that Bitcoin price will continue to rise.
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