Yesterday, 
BTCUSD briefly hit a new all-time high for about a second. Following this much-anticipated event, the price sharply declined to the 60K zone.
From a technical standpoint, both the long-term and short-term bullish aggressive trends remain intact.
However, we should anticipate extreme volatility and significant fluctuations.
Buying opportunities are present during dips, with the 62-64 zone being ideal for such purchases in anticipation of a real ATH around 78k.
For speculators, it's crucial to note that the 59-60k zone should remain intact.
If the price falls below this level, there is a high likelihood of a further drop to the ETF announcement's high.
BTCUSD briefly hit a new all-time high for about a second. Following this much-anticipated event, the price sharply declined to the 60K zone.From a technical standpoint, both the long-term and short-term bullish aggressive trends remain intact.
However, we should anticipate extreme volatility and significant fluctuations.
Buying opportunities are present during dips, with the 62-64 zone being ideal for such purchases in anticipation of a real ATH around 78k.
For speculators, it's crucial to note that the 59-60k zone should remain intact.
If the price falls below this level, there is a high likelihood of a further drop to the ETF announcement's high.
📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals
💎 Crypto Channel:
t.me/FanCryptocurrency
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals
💎 Crypto Channel:
t.me/FanCryptocurrency
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.