- Bitcoin broke daily down channel
- Likely to rise to resistance level 110,000.00
Bitcoin cryptocurrency recently broke the resistance trendline of the daily down channel from May (which encloses the previous ABC correction 2 from the end of May).
The breakout of this down channel accelerated the active minor impulse wave 3 of the intermediate impulse wave (3) from the start of April.
Given the clear daily uptrend, Bitcoin cryptocurrency can be expected to rise to the next resistance level 110000.00 (which reversed the price in January and May) – the breakout of which can lead to further gains toward 115000.00.
Alexander Kuptsikevich,
Chief Market Analyst at FxPro
----------
Follow our Telegram channel t.me/fxpro dedicated to providing insightful market analysis and expertise.
Reach out to media.comments@fxpro.com for PR and media inquiries
Chief Market Analyst at FxPro
----------
Follow our Telegram channel t.me/fxpro dedicated to providing insightful market analysis and expertise.
Reach out to media.comments@fxpro.com for PR and media inquiries
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Alexander Kuptsikevich,
Chief Market Analyst at FxPro
----------
Follow our Telegram channel t.me/fxpro dedicated to providing insightful market analysis and expertise.
Reach out to media.comments@fxpro.com for PR and media inquiries
Chief Market Analyst at FxPro
----------
Follow our Telegram channel t.me/fxpro dedicated to providing insightful market analysis and expertise.
Reach out to media.comments@fxpro.com for PR and media inquiries
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。