Today's BTC Analysis

Currency: #BTC☀

Signal Type: Long

I have attached a chart pattern of BTC, hoping everyone can see that BTC has broken through the main resistance line, and this resistance line has now become the main support line. After the breakout, BTC returned for a retest, so I remain bullish on BTC.

BTC Chart

According to my previous view, BTC is currently rising, so I used the Fibonacci tool. BTC is now at the golden pocket position of Fibonacci, so BTC will start to rise from here, which is also why I am more bullish on BTC.

Fibonacci Analysis

According to the EMA moving average band, BTC is currently in an upward trend, so this pullback is a healthy correction. BTC is still supporting the support line of the EMA moving average band within the 6-hour time frame, so I remain bullish on BTC.

Entry Price: 69000 (Join my Binance livestream for premium signals)

First Target: 71000

Second Target: 73000

Third Target: 77000

Leverage: 10x

Stop Loss Price: 67000

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$BTC

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