#Bitcoin going to reach $50500 and $53257 in the next 10 days
#Bitcoin is currently situated within an ascending channel,
forming an ascending triangle pattern.
Notably, it has demonstrated a historical uptrend with approximately 20% gains in similar past patterns.
Presently, #Bitcoin is supported 50 EMA in 12H, complemented by dynamic support at 42,150 and static support at 41,760.
Short-term price targets are anticipated at 50,500 and 53,250, aligning with the 1.272 and 1.618 Fibonacci levels, respectively.
forming an ascending triangle pattern.
Notably, it has demonstrated a historical uptrend with approximately 20% gains in similar past patterns.
Presently, #Bitcoin is supported 50 EMA in 12H, complemented by dynamic support at 42,150 and static support at 41,760.
Short-term price targets are anticipated at 50,500 and 53,250, aligning with the 1.272 and 1.618 Fibonacci levels, respectively.
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