$BTC TOP 20
Added 2024-09-29 12:03:24 +0000 UTC$BTC has broken cleanly above the 200 Day MA, we did get a retest on Friday and the price used this as a platform to propel higher.
The very large confluence level now waits above at the channel top line and the blue line at $69k
Equities have been running hot lately and commodities but also $BTC has jumped now from $49k in August to $65k now, this is still a +31% jump, the delusion here that it hasn't run yet is not true, because it is still in this channel it gives the impression that it has not rebounded with the market but it has not made a new ATH but that is the same for the $QQQ.
So let's see how it can handle the $69k level, a break and hold above here and $77k is my next target.
Comments
Too late for an BITX entry?
jp
2024-09-29 14:10:38 +0000 UTCThe previous high and low.
Gareth Neary
2024-09-29 12:19:22 +0000 UTCMK
2024-09-29 12:18:14 +0000 UTC
