Bitcoin Pushes Above $65K But What Does Technical Analysis Say?
Portfolio Pulse from Khyathi Dalal
Bitcoin has surpassed the $65,000 mark, with technical analysts predicting a potential brief dip before continuing its uptrend. The volume-weighted average price (VWAP) suggests a temporary stall, with the next target being the August high. Analysts expect any pullbacks to be shallow, with a potential dip near $60,000.
September 27, 2024 | 2:09 pm
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Bitcoin has crossed the $65,000 mark, with analysts predicting a temporary stall due to the VWAP. The next target is the August high, with potential shallow pullbacks near $60,000.
Bitcoin's breach of $65,000 is significant, with the VWAP indicating a potential stall. Analysts expect the August high to be reached soon, with any pullbacks being shallow, suggesting a bullish short-term outlook.
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