BTCUSDT
2024-09-20

Hello Traders! Should You Buy or Sell Bitcoin?

Overall, Bitcoin has been trending higher, after it broke above the parallel triangle, indicating significant potential for the Bulls in the near term. However, the price is now approaching the important resistance zone near $64,280, which is likely to result in a temporary correction.
After that, from the psychological support zone of $61,200, along with the push of the 34.89 EMA, we expect a major upside move. Traders can consider buying and targeting a profit at $69,580.

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