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BTC/USD Price Analysis

BTC/USD is still captured in the mentioned range between 73⁠.800 and 60⁠.000⁠. However, it recently took out a daily low and the bodies respected the potential support level of 60⁠.000⁠. The next likely draw now are the relative equal highs above 71500⁠. If BTC breaks out of the range substancially, it could have another significant rally backed by the recent halfing event⁠.

Important Note

This is no financial advise! Do not risk real money on any idea published by us⁠.