Bitcoin

<h2 id="span-data-font-font-size-style-font-size-20px-bitcoin-breaks-44-000-consolidates-gains-eyes-45-000-rally-br-span">Bitcoin breaks $44,000, consolidates gains, eyes $45,000 rally. </h2>
<ul>
 <li>According to <a href="https://www.coingabbar.com/en/price-analysis" class="f-link">Coingabbar Technical Analysis</a>, BTC is on the brink of forming a Golden Cross on its weekly chart, indicating a potential bullish trend.</li>
 <li><a href="https://www.coingabbar.com/en/crypto-currency/bitcoin-btc-prices-usd" class="f-link">Bitcoin</a> is poised to conclude its eighth consecutive week with a positive trading performance, reaching a 20-month high as the break commenced.</li>
 <li>BTC is currently trading above the Descending channel pattern on the daily chart, signaling a sustained upward trend.</li>
 <li>On the 4-hour chart, following a lengthy bullish candle, Bitcoin is within the confines of a Bullish Flag Pattern, suggesting a continuation of the upward momentum.</li>
 <li>The recent rally is elucidated on the 4-hour timeframe, where Bitcoin successfully broke above a significant rising wedge pattern and is maintaining its position above it.</li>
 <li>BTC has breached the upper resistance of a symmetrical triangle, indicating a potentially strong upward movement. A weekly closure above $45,000 could set the stage for further gains.</li>
 <li>However, failure to surpass the $45,000 level might prompt a retracement towards the $42,000-$40,000 range.</li>
</ul>
KEY LEVELS :
RESISTANCE LEVEL : $44,500-$45,000
SUPPORT LEVEL : $43,500-$42,800
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 Bulls at a Crossroads: To Halt or Not to Halt Is the Question

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