CandleFocus Bitcoin Is Still Heading For A High Of $93,000
2024-11-07
Author: Content Editor
Bitcoin has recovered and reached a high of $75,714 following the US election, where Donald Trump was elected president. The cryptocurrency fell below the 21-day SMA support but rallied above it, indicating a bullish momentum. Bitcoin is expected to reach a high of $93,000 and has resumed its positive trend. The key resistance levels are $70,000 and $80,000, while key support levels are $50,000 and $40,000. It is important to note that this analysis and forecast are the personal opinions of the author and should not be viewed as a recommendation to buy or sell cryptocurrency.
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