CandleFocus Bitcoin’s Comeback Begins As It Approaches The $65,000 High
2024-09-21
Author: Content Editor
The Bitcoin price has risen above the moving average lines and is showing upward momentum. It reached a high of $64,200 and is expected to reach $65,000 during the current surge. However, the rally may not continue beyond $65,000. If it does break through, Bitcoin could reach $70,000. The price bars are above the moving average lines, indicating upward momentum, and the moving average lines are sloping down on the 4-hour chart. The resistance levels are $70,000 and $80,000, while the support levels are $50,000 and $40,000. This analysis and forecast are personal opinions and not a recommendation from CoinIdol.com.
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