📈 Bitcoin's Medium- & Long-Term Outlook 📈
🔥 BTC has broken out of a horizontal trend channel in the medium-long term! This is a positive signal, indicating further potential for growth! 📈
Key Points:
📊 Resistance Levels: BTC recently broke above $67,241 and $71,000, suggesting a further rise to $84,547 or more!
💹 Momentum: High RSI above 70 shows strong positive momentum; however, investors should be cautious of potential pullbacks.
📈 Volume Insights: Low volume at price tops vs. high at price bottoms indicates trend fragility – keep an eye on volume trends.
📆 1-6 Months: Positive (Score: 95)
📆 1-6 Quarters: Positive (Score: 94)
#BinanceBlockchainWeek #16thBTCWhitePaperAnniv #USADPSurges #CryptoPreUSElection
🚀 As BTC gains traction, this trend may influence #altcoins like ETH, BNB, SOL, and ADA. Stay tuned and watch the market!