Bitcoin Consolidation and Potential Breakout Levels | Flash News Detail | Blockchain.News

Bitcoin Consolidation and Potential Breakout Levels

12/10/2024 9:00:01 AM

Bitcoin Consolidation and Potential Breakout Levels

According to CryptoMichNL, Bitcoin is currently consolidating within specific price levels after liquidity was removed from the system. A breakout above the $98,000 to $99,000 range could indicate a continuation of the upward trend. If Bitcoin does not break this range, CryptoMichNL's entry zone remains valid. Additionally, if the current correction concludes, altcoins are expected to resume their upward movement. (Source)

Bitcoin Altcoins CryptoMichNL

More from Michaël van de Poppe (@CryptoMichNL): Macro-Economics, Value Based Investing & Trading || Crypto & Bitcoin Enthusiast