Bitcoin

<ul><li>Bitcoin&#39;s current consolidation near $67K could lead to a breakout towards $105K if it clears $73K resistance.</li><li>Breaking the $180K resistance on a logarithmic scale could push Bitcoin towards targets between $300K and $400K.</li><li>With a 1-day RSI of 62.25 and MACD above the signal line, Bitcoin shows neutral to bullish short-term momentum.</li></ul><a href="https://cryptotale.org/crypto-analysts-forecast-intriguing-months-ahead-for-bitcoin-investors/" rel="noopener noreferrer nofollow">Bitcoin&#39;s</a> monthly chart is showing promising signs as the cryptocurrency continues its impressive journey. As highlighted by <a href="https://x.com/SuperBitcoinBro/status/1815469965061099654" rel="noopener noreferrer nofollow">SuperBro</a>, an analyst, the current price action suggests a potential consolidation phase within the $90,000 to $110,000 range. This consolidation could set the stage for a major breakout towards higher targets.<img src="https://lh7-us.googleusercontent.com/docsz/AD_4nXcfYqyR52_88l2mA9FjAaNObHuaW9z7bBQ2kf7SJ_DvncTwo3SXf5jY2pFcSed1saXlAcapx2PpkcNbwR5e72Ae5Ewd9FdgVE7y-ef9dAc4YZsKWgRbV-KQM0EQcQmEk3XvmCYwZuGr-TiT5x6ytKAlKXU?key&#61;HtT66kYaIO1ZyCwcLec6bA" />On a linear scale, resistance is near $73,000. This level could act as a barrier before Bitcoin can advance further. Beyond this, the logarithmic scale presents a more ambitious target. The resistance in this scale is around $180,000. This level reflects long-term growth trends and could indicate a much higher potential if <a href="https://cryptotale.org/heres-why-bitcoins-90k-110k-consolidation-could-ignite-major-gains/" rel="noopener noreferrer nofollow">breached.</a><a href="https://cryptotale.org/heres-why-bitcoins-90k-110k-consolidation-could-ignite-major-gains/" 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>|

Here's Why Bitcoin’s $90K-$110K Consolidation Could Ignite Major Gains

CryptoTale

Các bài viết khác được xuất bản trên 24 thg 7, 2024

Ferrari to Expand Crypto Payment Acceptance to European Dealers

Franklin Templeton Considers Solana ETF After Ethereum ETF Success

Trump Plans Exciting Announcements at Bitcoin 2024 Conference

Cryptocurrency Market Faces Critical 24 Hours

ASIC market undergoes ‘significant repricing,’ analysts say

Record Prediction from the CEO of the Company That Broke a First in Bitcoin! "BTC Will Reach This...

Tham gia bản tin miễn phí của chúng tôi để cập nhật tin tức về tiền điện tử hàng ngày!