Bitcoin Breaks $69K, 'Could Send To $74,400' If It Closes Above One This Resistance Level, Writes Analyst
Portfolio Pulse from Khyathi Dalal
Bitcoin has broken the $69,000 mark, with analysts predicting further upward momentum if it closes above the $69,330 resistance level. Prominent analysts highlight the importance of this resistance level and the potential for Bitcoin to reach $74,400. The strong performance of altcoins and significant demand zones are also noted.
June 03, 2024 | 10:56 am
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Bitcoin has broken the $69,000 mark, and analysts predict it could reach $74,400 if it closes above the $69,330 resistance level. The strong performance of altcoins and significant demand zones are also noted.
Bitcoin's breakout above $69,000 and the potential to reach $74,400 if it closes above $69,330 is a significant bullish signal. The strong performance of altcoins and the substantial demand zone between $66,900 and $68,900 further support the positive outlook.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100