Symmetric

Bitcoin

<h2 id="span-data-font-font-size-style-font-size-20px-btc-rises-breaches-43-500-faces-resistance-at-45-000-br-span">BTC rises, breaches $43,500, faces resistance at $45,000. </h2>
<ul style="">
 <li>According to <a href="https://www.coingabbar.com/en/price-analysis" class="f-link" rel="noopener noreferrer nofollow">Coingabbar Technical Analysis</a>, On December 18th, BTC found support at $40,500 and initiated an upward trend.</li>
 <li>The price encountered resistance around $43,500 but faced another obstacle, leading to a drop to $41,800.</li>
 <li>Recent developments include discussions on Bitcoin ETF, BlackRock, Nasdaq meeting with the SEC, contributing to a rise in BTC.</li>
 <li>Despite facing resistance, <a href="https://www.coingabbar.com/en/crypto-currency/bitcoin-btc-prices-usd" class="f-link" rel="noopener noreferrer nofollow">BTC</a> breached the $43,500 hurdle and traded above $44,000 levels.</li>
 <li>A bullish candle formed on the daily chart, and BTC broke and closed above the Symmetric Triangle pattern.</li>
 <li>BTC is currently positioned close to the upper limit of the double bottom reversal range.</li>
 <li>If BTC successfully closes above the channel, a new high is anticipated with a rally towards $50,000.</li>
 <li>Conversely, if BTC fails to surpass $45,000, a sharp selling scenario may unfold, testing $42,000-$40,000 levels again.</li>
</ul>
KEY LEVELS :
RESISTANCE LEVEL : $44,200-$44,700
SUPPORT LEVEL : $43,300-$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.

Will BITCOIN Soars Toward New Peaks Amidst ETF Speculation

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