CandleFocus Bitcoin key price levels to watch as bullish bias is confirmed
2024-11-10
Author: Content Editor
Bitcoin has surged past key resistance levels and hit a record high of $80,000, with expectations that it will target $100,000 next. Analyst Alan Santana identifies important price levels to watch, such as $75,000 and $69,000, which could confirm a bullish bias and indicate sustained long-term growth. Whales and increased buying interest, as indicated by the minting of Tether, are driving the current rally. There is anticipation that Bitcoin will continue to gain momentum, with significant interest in spot exchange-traded funds. Caution is advised, and investors should monitor support and resistance levels.
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