Bitcoin Eyes Next Resistance Level at $53K

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Bitcoin's two-month triangular consolidation ended early Monday with a convincing breakthrough past $47,000, prompting traders to call for an extended move to the higher side. Chart of the Day explains the data, presented by cryptocom:

Traders are calling for an extended move to the higher side as bitcoin breaks above $47,000. “All About Bitcoin” host Christine Lee breaks down the Chart of the Day as analysts suggest a triangle breakout could open up upside toward resistance at $53,000.

 

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cryptocom I'd like to know how much usdt it will cost in a year

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cryptocom Really liking the look of this price action. Showing some signs of strength towards the start of the week . Will definitely be looking to long this action if we break above 48k $BTC following Btcanne_ I’ve been doing extremely superb, her tweets has been accurate & helpful

cryptocom Today is the day, I can feel it. $CORGI

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Bitcoin Hits $47,000 as Bulls Gain Upper HandBitcoin has managed to soar to the highest level since early January
Source: Utoday_en - 🏆 295. / 63 Read more »

Analysts say Bitcoin daily close above $48K opens a clear path to a new all-time highBitcoin bulls aim for $54,000 after this week’s unexpected push through key resistance levels convinced traders that fresh all-time highs could be a reality in 2022. This ! Bitcoin Really liking the look of this price action. Showing some signs of strength towards the start of the week . Will definitely be looking to long this action if we break above 48k $BTC following Btcanne_ I’ve been doing extremely superb, her tweets has been accurate & helpful Why do you people mislead everyone in Crypto majority of your analyst are wrong this is nothing but a relief rally given the real circumstances this is nothing but a bull trap. You people should be gagged. Trying to wreck everyone!
Source: Cointelegraph - 🏆 562. / 51 Read more »

Bitcoin Could Reach $53K on Triangle Break, Impending Bull Cross, Analysts SayBitcoin has escaped a two-month consolidation, marking a bullish turning point for the market, according to analysts. By godbole17 godbole17 did two godbole17 It will be great if BTC grows to 53k USDT, because at one time I bought BTC for 40k USDT godbole17
Source: CoinDesk - 🏆 291. / 63 Read more »

What's Next For Bitcoin Prices After Their Recent Drop Toward $40,000?Bitcoin prices fell back this weekend, approaching $40,000 after climbing above $42,000. Where is the cryptocurrency headed next? Several market observers offer technical analysis. Hmm, I was thinking of posting the same tweet. Ask NSA Following Sotb12cMaria has been educative. Bitcoin is regaining it’s strength. Currently at 44k, I’m confident we will see 45k before the week is over. A lot of people set shorts at 45k to sell. At this point not having any BTC feels irresponsible buy the dip
Source: Forbes - 🏆 394. / 53 Read more »