$BTC 🪙
Bitcoin Analysis 🔥
Bitcoin has closed beautifully for the month. Currently, we have fierce resistance, and there is also a clear movement of investment portfolios from medium to long term, as many portfolios have taken profits.
Now we have resistance around 117,044. Bitcoin will take a short break after surpassing 108, meaning it will remain in a sideways trading range for a brief period between 111K to 108K.
If it breaks the resistance at 117K, its first target will be above 120K.
So far, things are calm, positive, and there is no need to fear or panic.
Regarding the acquisition, we only need Bitcoin to trade in a sideways range for a while; the acquisition will gradually decline as many altcoins will have shy green candles while Bitcoin continues its beautiful ascent.
