BTCUSDT - Strong Breakout and Potential Price Increase
2024-10-23

Hello everyone.
By analyzing Bitcoin on the 1-day time frame, we can easily see that Bitcoin is showing very clear signs of a new major trend after successfully breaking the important dynamic resistance at $66,000. The price breaking through the descending channel has created a clearer uptrend, marking a change in the market landscape. This proves the strength of the buyers and the ability to continue pushing the price higher. In addition, with the EMA 34 and EMA 89 supporting, BTC can definitely reach the $70,000 - $72,000 level, where there is strong resistance. This will be a white flag to push the time, but don't forget, the strength of the market can push the price even higher!.