Bitcoin rose above $69,000 after consolidating around $67,500, with predictions of further gains if key resistance levels are surpassed.a new uptrend today , soaring above $69,000. Numerous analysts noted the revival, outlining predictions of more substantial peaksthat a “sustained break” above the resistance zone of $69,330 will send BTC “higher.
TD Sequential, named after Tom Demark , is a technical analysis tool that identifies potential price exhaustion points in the market and indicates when a trend is likely to reverse.$69,600 as a key target for a possible price expansion. Nonetheless, the analyst envisioned a possible pullback to the range of $63,500-$65,500 if the mark is not claimed.Bitcoin’s next potential move is the Relative Strength Index .
This momentum oscillator measures the speed and change of price movements and helps traders assess whether the asset is overbought or oversold.showsWhat is Notcoin ? The Viral Token Coming to The Open NetworkSign-up FREE to receive our extended weekly market update and coin analysis report Disclaimer: Information found on CryptoPotato is those of writers quoted. It does not represent the opinions of CryptoPotato on whether to buy, sell, or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.
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