BTC aiming for $64k once again.

1 Mar 2024

In 1 hour TF, BTC is set to aim for 64K once again. Let's see how it plays off.

4 Mar 2024

Not

A few days ago, I mentioned BTC aiming for 64K, and here we are, with BTC reaching exactly $64.2k. The current price is at $63.6k.

In this hourly chart, BTC has broken above the trendline, and it looks like a retest is taking place. This means that BTC could either bounce back from the current market price or reach $63k, then bounce back, and move another leg up, targeting to break and close above the 64K ceiling. A breakdown below the lower supporting trendline at $62k will trigger the invalidation alarm, and the final invalidation point would be the $60k support.

Trade safely.

Regards,
Team Dexter.