BITCOIN(BTCUSD): Important Resistance Ahead! Your Plan

đź“ŠBitcoin experienced a sudden increase in value on Monday.

Currently, it is getting closer to a strong level of resistance. I will be on the lookout for opportunities to sell when the price reaches this resistance level, while keeping an eye on how the price behaves throughout the day.

In the meantime, it is important to closely monitor the price range between 46960 and 48200. If the market surpasses and remains above this range on a daily basis, it will indicate a strong upward trend.

In that case, we can expect the price to continue rising to at least $50000.
Candlestick AnalysisSupply and DemandSupport and Resistance

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