$BTC Analysis updates (trading ideas)
Yesterday, BTC ran like a happy pony. Now it has just gone through a short swing and formed a pennant.
And what makes us happy is that BTC broke through the triangle entanglement area and may make a retracement, ready to say bye to the behind.
So its two upward target prices are: the first target price is around 63737, and the second target price is around 64804. I marked them on the chart as well.
Of course, we must also be prepared in case BTC loses momentum and goes down?
Its downward support price is around 61570. We don't want to see it go lower than that price.
Well, I hope my analysis can help your trading analysis.
Good night, everyone and happy trading
