BTC/USD Technical Analysis in H1 
2024-12-22
Category: None

A breakout above the upper trend line has been confirmed, indicating a potential continuation of the uptrend. This bullish development suggests that buyers are regaining control, and a further price increase is possible. Key resistance levels will be closely watched for potential pullbacks.

As we approach Christmas and the New Year, market volatility may increase due to thinner liquidity. Traders are advised to remain cautious and adjust their strategies accordingly.

Wishing you a joyous holiday season and a prosperous New Year!

Target: $100,000

Stop Loss: Approximately $94,000

May your trades be merry and bright!

Best Wishes Tom 😎