Bitcoin's Rise Continues: A Look with Technical Analysis 🤔
Bitcoin's long-term chart clearly shows that it is in a strong uptrend throughout this year. Especially the price, which has managed to stay above the key support levels, indicates that the market psychology is positive and the trend may continue.
🔑 Highlights in the Chart:
1. Uptrend: Bitcoin still maintains its main upward line. This shows that the overall momentum of the market is upward.
2. Support and Resistance Zones: The price has a strong stance in important support zones.
3. Potential Target: If this trend continues, higher price targets may be possible.
The most important thing to consider in such uptrends is to be prepared for sudden corrections. But the overall picture reveals that Bitcoin is in a strong growth phase.
Share your comments: Do you think Bitcoin can continue this trend?