Bitcoin price (BTCUSD) crawls upwards – Forecast today - 23-04-2024
Economies.com
2024-04-23 03:57AM UTC
Bitcoin Price Analysis (BTCUSD)
Expected Scenario
- Bitcoin price (BTCUSD) shows more bullish bias to test the key resistance 67030.00$, and the price needs to breach this level to confirm the continuation of the rise and head towards 70000.00$ barrier that represents our next main target.
- Therefore, the bullish trend will remain suggested for the upcoming period, supported by moving above the EMA50, reminding you that breaking 65391.75$ will stop the bullish wave and put the price under the correctional bearish pressure again.
Expected Trading Range
Between the support at 65500.00$ and the resistance at 69000.00$
Trend Forecast: Bullish
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