Technical Crypto Analysis on Bitcoin

 

Bitcoin analysis update – upside breakout resistance into later summer defined

In this Wicked Stocks video-analysis, we update the Bitcoin charts, showing a price ceiling at 40580 (dropping weekly) that can contain buying through July, and below which 24,000 long-term support remains a 3-5 week downside target. Inversely, closing above the 40580 channel-top elicits a buy signal into later summer that should over that time horizon yield gains into the 59,000 region.

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