Bitcoin
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Daily Bitcoin Update - March 5, 2024

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Yesterday BTC rose above the light blue resistance zone, and rallied towards previous all time highs around $69k. However, BTC stopped just short of reaching new all time highs at the orange trendline. There has been a pullback and retest of 65K, and BTC is continuing to show some strength this morning with a bullish bounce. I think the price is likely to trade sideways below $SWB:69K for now, and we'll see if BTC starts to break down over the next few days.

BTC Attempting a Bullish Retest of $63.9K Here

BTC has started dropping, but BTC is attempting to form a bullish retest of this $63.9k resistance line to flip it into support here. Looks like there will be a bounce and rebound here. I think BTC could continue trading between 64K and $SWB:69K for now.

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.