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Bitcoin's Upward Trend and Key Resistance Levels

10/8/2024 7:30:00 AM

Bitcoin's Upward Trend and Key Resistance Levels

According to CryptoMichNL, Bitcoin is showing signs of an upward trend, but further confirmation is needed. The current liquidity has been absorbed, and it appears that liquidity below $61.6K is set to be captured, potentially fueling further upward movement. The critical resistance level to watch is $65K, which needs to be breached to confirm the continuation of the bullish trend. (Source)

Bitcoin $61.6K $65K

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