While the breakout on the line break chart indicates the scope for a rally to new peaks, traders should be watchful of two things, the first being the candlestick chart, which shows bulls have consistently failed to secure a foothold above $70,000 since March. Prices could again encounter stiff resistance around that level.
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Omkar Godbole
https://www.coindesk.com/markets/2024/10/15/this-chart-indicates-bitcoin-may-be-headed-for-record-highs-above-73k/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
2024-10-15 04:40:13
