BitcoinPenjualan
Daily Bitcoin Update - March 5, 2024
Yesterday BTC rose above the light blue resistance zone, and rallied towards previous all time highs around 69k. However, BTC stopped just short of reaching new all time highs at the orange trendline. There has been a pullback and retest of 
65K, and BTC is continuing to show some strength this morning with a bullish bounce. I think the price is likely to trade sideways below SWB:69K for now, and we'll see if BTC starts to break down over the next few days.
BTC Attempting a Bullish Retest of 63.9K Here
BTC has started dropping, but BTC is attempting to form a bullish retest of this 63.9k resistance line to flip it into support here. Looks like there will be a bounce and rebound here. I think BTC could continue trading between 
64K and SWB:69K for now.
BTC rose above the light blue resistance zone, and rallied towards previous all time highs around 69k. However, BTC stopped just short of reaching new all time highs at the orange trendline. There has been a pullback and retest of 65K, and BTC is continuing to show some strength this morning with a bullish bounce. I think the price is likely to trade sideways below SWB:69K for now, and we'll see if BTC starts to break down over the next few days.BTC Attempting a Bullish Retest of 63.9K HereBTC has started dropping, but BTC is attempting to form a bullish retest of this 63.9k resistance line to flip it into support here. Looks like there will be a bounce and rebound here. I think BTC could continue trading between 64K and SWB:69K for now.
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