đ„đ„đ„ #Bitcoin Could Start Its Rise to $75K Now! Current $BTC Analysis
BTC's downtrend persisted into the green zone, aligning with the forecast outlined in the "Will it start falling until halving?" analysis. Yesterday's analysis proved accurate, yielding readers a gain of over 15%. Presently, the price shows signs of rallying, supported by buying activity within the green support range of $66,666 to $65,800.
In the medium term BTC analysis, based on Bitcoin's 4-hour technical chart, the anticipated move described in yesterday's analysis has unfolded, with Bitcoin's downtrend extending into the green zone. Yesterday's analysis provided trading readers with a significant return of more than 15%. The current BTC chart indicates an attempt to bounce back from the green support range mentioned in the analysis, spanning from $66,666 to $65,800.
As highlighted in the analysis from April 12, BTC's price might consolidate sideways within the green zone and potentially target $75,000 if it remains above this support range. However, a breach below the green support zone, with a 4-hour candle closing below $65,000, could serve as a stop-loss level.
Source - en.coinotag.com