Weekend Bitcoin Analysis
In line with my previous outlook, Bitcoin is projected to test the 62,564 support level before resuming its bullish momentum and attempting to break the resistance established since August 24, 2024. However, the recent breakout occurred on weak candle formations, suggesting a potential pullback toward the channel support at 64,259 before a continuation toward the 69K target.
I will update this analysis should new patterns or critical levels present themselves.
I will update this analysis should new patterns or critical levels present themselves.
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