Bitcoin is ready for the plunge guys. This is the moment we’ve all been waiting for as bitcoin next stop will surpass $61,000. How do we know this? The present price is sitting on a support at $56,236 and has also made a double bottom pattern which confirms and locks the price from going lower than it’s present level for the time being. It’s really comforting to have the MACD support our speculation by giving an upwards cross. Most likely, bitcoin price should approach $70,000 this week. Just be at alert for this great move.
Looking at the technical indicators:
Major Support Level– $56,236
Major Resistance Level– $58,751
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