Bitcoin Analysis – 19.Aug.2024
Bitcoin Analysis: By reviewing the #Bitcoin chart on the weekly timeframe, we can see that the price is currently trading around the $59,500 level. The key level to watch tonight is whether Bitcoin can hold above $58,700. In my opinion, Bitcoin is likely to soon rally towards $63,400. However, once it reaches this level, we might see a negative reaction. After observing this reaction, we can better assess Bitcoin’s next potential move.
(This Post on TradingView)
Author : Arman Shaban
To see more analyzes of Gold , Forex Pairs , Cryptocurrencies , Indices and Stocks , be sure to Follow and Join us on other Platforms :
– Public Telegram Channel
– YouTube Channel
– TradingView
– X (Twitter)
– How to join our FOREX VIP Channel ?
– How to join our Crypto VIP Channel ?
– CONTACT ME directly on Telegram
