Bitcoin growth prospects are 65,000 bitcoins.
Bitcoin / TetherUS
Bitcoin growth prospects are 65,000 BTC
By dennis-Trader565
Updated 18 hours ago
14
Sep 11Bitcoin Growth Perspective Reaches 65K
Currently, the program is consolidating its foundations and preparing for its next important move.
The key resistance level at $59,600 is important for Bitcoin to overcome to gain further upward momentum.
Technical analysis
The price level of 59,600 has been identified as a major resistance point.
A breakout of this area could indicate a strong uptrend that could push Bitcoin to 62,500 which coincides with another stronger area.
Continued interest from institutional investors could provide the capital inflow needed to push BTC past these resistance levels.
Positive regulatory developments could boost market confidence, helping Bitcoin rally.
Global economic conditions, including inflation rates and monetary policies, will also play a significant role in Bitcoin's price trajectory.
Sep 12
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How do you trade today? 👌
On a day of strong market volatility, we should not rush into making a decision to trade at this time.🔔
Sep 14
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🌟 My analysis is that the future of#Bitcoinlooks very exciting. Many big analysts and experts are working on this issue, and each one says something different. Some, like Peter Brandt, think that#Bitcoinmay drop a little further, but others like Axel Adler hope that its price will rise significantly.
🌟 On the other hand, big companies like Microsteel are buying #Bitcoin. This means that experienced and wealthy people believe that Bitcoin has a good future. As Erik Voorhees and Max Keiser see, Bitcoin could be a good alternative to the dollar and its value could rise significantly.
🌟 But there are also some things to pay attention to. For example, the Relative Strength Index of#Bitcoinshows that its price can rise very quickly and then suddenly fall. This means that the#Bitcoinmarket in 2019 is still very volatile and we need to be careful.
Sep 16
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⬇️ Sell now or sell at 58940.0.
⭕️SL @ 59980.0.
🔵TP1 @ 56160.0.
🔵TP2 @ 54317.0.
🔵TP3 @ 51670.0.
7 days ago
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🎯 Subsequent growth goals
🚀 Goal 1: 61640.70-61885.40.
🚀🚀 Goal 2: 63461.30-64149.35.
🚀🚀🚀 Goal 3: 66755.85.
4 days ago
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Volatility will be huge when prices break out of the accumulation zone.
3 days ago
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Bitcoin has been hovering so consistently in the $50-70k range that a dip inside this channel no longer causes panic. What was once a desirable entry area is now the norm, and only a breakout, either to the upside or the downside, can truly move the market sentiment.
Historically, these sideways moves often lead to an upward crash – it's just a matter of time.