By analyzing the #Bitcoin chart on the weekly timeframe, we can see that price continues to show strong retention at higher levels. Over the past few days, Bitcoin was pushed lower several times, but buyers stepped in quickly each time and drove price back up. BTC is currently trading around $64,300, confirming that demand remains active and sellers are still struggling to keep price down.
In my view, if this buying pressure continues and Bitcoin holds above the key $62,000 – $63,000 area, we could soon see another bullish move toward higher levels. The first major upside target is $69,000. After that, the next targets to monitor are $72,000 and $74,000 if bullish momentum continues.
For now, Bitcoin is still showing strong price retention, and the broader short-term and medium-term outlook remains bullish.
Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me !
Best Regards , Arman Shaban
In my view, if this buying pressure continues and Bitcoin holds above the key $62,000 – $63,000 area, we could soon see another bullish move toward higher levels. The first major upside target is $69,000. After that, the next targets to monitor are $72,000 and $74,000 if bullish momentum continues.
For now, Bitcoin is still showing strong price retention, and the broader short-term and medium-term outlook remains bullish.
Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me !
Best Regards , Arman Shaban
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Since yesterday’s update, Bitcoin pushed strongly toward $66K. From the original June 25 analysis, BTC is now up more than 10% and still showing strong retention at higher prices, so the main bullish scenario remains valid.A fresh and detailed BTC analysis is coming later today, so stay tuned over the next few hours.
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⚜️ JOIN THE VIP 👉 t.me/ArmanShabanTrading
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Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.