Bitcoin

<ul><li>Bitcoin&#39;s crucial support levels are at $35,000 and $60,000, with resistance at $70,000 and above $120,000.</li><li>Short-term bullish reversal from $60,000 projected, with potential rise to $150,000 by late 2024.</li><li>Recent significant Bitcoin transfers indicate ongoing market dynamics and potential short-term price fluctuations.</li></ul>Bitcoin&#39;s price trend has captured the attention of traders and investors alike, particularly on a 4-hour timeframe chart. As per analysis by<a href="https://x.com/CredibleCrypto/status/1806441451498180807" rel="noopener noreferrer nofollow"> CrediBULL Crypto</a>, Bitcoin has demonstrated a general uptrend starting from September, culminating in a peak around March.<img src="https://lh7-us.googleusercontent.com/docsz/AD_4nXfE9HyM1-s1ust1M0E1bzgsQV14mHYM98r-sXDB5ZzyBsPVplwrCq40btW3gvxV7OfOoRNiNj_l8uv5oNq9M4d1Tjp6ZBI5hpaQOzrJBxbDlsXwius0FUxu81ArfFDNGGOa7A9gqZsZI6bCVKQLPgOxU26I?key&#61;wEdjBMPTCOTNXx5FCcNGNA" />Post-March, however, the chart reveals a downward correction characterized by fluctuations, indicating either a bearish phase or a period of consolidation. These historical movements provide a crucial context for understanding Bitcoin&#39;s potential future trajectory.Key support levels identified include the $35,000 mark, highlighted by the low point in February. This level acted as a significant support and is crucial for future price stability. Another important support level is around $60,000, where recent price action suggests a potential base.<a href="https://cryptotale.org/bitcoins-price-eyes-150000-by-2024-amid-strong-support-at-60000-heres-why/" rel="noopener noreferrer nofollow">Read more on CryptoTale.</a>Visit the links for more information <a href="https://cryptotale.org/" rel="noopener noreferrer nofollow">Website</a> | <a href="https://twitter.com/cryptotalemedia" rel="noopener noreferrer nofollow">Twitter </a>| <a href="https://t.me/cryptotale_news" rel="noopener noreferrer nofollow">Telegram </a>| <a href="https://www.instagram.com/cryptotalenews/" rel="noopener noreferrer nofollow">Instagram </a>|

Bitcoin’s Price Eyes $150,000 by 2024 Amid Strong Support at $60,000 – Here’s Why

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