As you can see, Bitcoin has broken the daily/weekly zone at 46-48k long ago and established clear support in the 50k range. Above the recent local high there is a clear gap to the previous local highs of the Bull run in 2020-2021, starting with 55k and stretching to around 60k.
The opportunity stands now with a nice move to the upside just finishing, followed by consolidation, to open more positions to the upside, I would target 53k as a hard target for now, and above this target, 54, 55, 56, 56.6k, and 58k-60k as strong targets.
Work out of the daily and weekly.
The opportunity stands now with a nice move to the upside just finishing, followed by consolidation, to open more positions to the upside, I would target 53k as a hard target for now, and above this target, 54, 55, 56, 56.6k, and 58k-60k as strong targets.
Work out of the daily and weekly.
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