Bitcoin continues to grow strongly
2024-10-19

Edward here!

Today, BTC is in a strong uptrend with the BOS around 68,500 and the rising wedge still holding, suggesting the uptrend will continue. At the time of writing, the price is at 68,514 and is posting a strong gain of 0.12% on the day.

Therefore, in today's trading session, I expect the price action above the EMA 34 near the support level of 68,500 and the trend channel to provide further upside momentum. The next target is 70,064.