Rally

Bitcoin

April

<h2 id="bitcoin-hits-39-000-marking-a-1-7-year-record-high">Bitcoin hits $39,000, marking a 1.7-year record high.</h2>
<ul>
 <li>According to <a href="https://www.coingabbar.com/en/price-analysis" class="f-link" rel="noopener noreferrer nofollow">Coingabbar Technical Analysis</a>, Yesterday, Bitcoin broke out of a prolonged consolidation phase.</li>
 <li>Bulls regain momentum, breaking out of the range after several unsuccessful attempts.</li>
 <li><a href="https://www.coingabbar.com/en/crypto-currency/bitcoin-btc-prices-usd" class="f-link" rel="noopener noreferrer nofollow">Bitcoin </a> experienced a 1% increase, reaching $39,000, marking its highest point since April and May 2022.</li>
 <li>BTC consistently trades within an ascending channel pattern on the 4-hour chart.</li>
 <li>The ascent above $38,000 signifies the completion of an ascending triangle pattern, signaling a potential bull run.</li>
 <li>Sellers aiming to halt the uptrend need to hold Bitcoin below $39,000, triggering a potential decline to $36,800 support.</li>
 <li>If a strong recovery occurs from $36,800, Bitcoin might consolidate within the $36,800 to $38,000 range for an extended period.</li>
</ul>
KEY LEVELS :
RESISTANCE LEVEL : $39,200-$39,600
SUPPORT LEVEL : $38,400-$38,000
Disclaimer: Crypto is not regulated and can offer considerable risks. There may be no regulatory remedies available in the event of any losses resulting from price analysis. As a result, before engaging in any transactions involving crypto products, each investor must perform in-depth examination or seek independent advice.

BITCOIN TECHNICAL ANALYSIS CMP-DOLLAR 38,800: Is the Santa Rally start

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