Bitcoin Price Consolidating Exactly Where We Hoped
In this post I do a quick bitcoin price chart analysis to add to the video I did a few days ago now that price cracked 53K.
We are seeing consolidation in what is a 53k-60k range and it is well needed after the little moonshot price gave.
Overbought scenarios need to be worked off for constructive moves higher otherwise it just becomes a pump with an impending hard pullback.
BTC Price Action Good
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Nice and informative. If consolidation continues we may see new high.
Agree
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Thanks for the information, I would like to ask, will if the price reach $60k will the increase continue or decrease?
I think it will continue to ncrease.
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It's looking good! Moon Shot ahead.
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That is pretty good
We hope it will continue on its way to 60k soon .
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Thanks for the update! !PIZZA
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This Bitcoin run looks great 😊
Does this basically mean that the price needs to stabilize and find support at $53k? Thanks for the analysis, I predict that we’re going to see a new ATH this fall!
Agree
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Agree, it looks like pre-breakout, and you called it!
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