Bitcoin: ⬆️ Buy
- Bitcoin reversed from powerful support level 60000.00
- Likely to rise to resistance level 65000.00
Bitcoin cryptocurrency recently reversed up from the powerful support level 60000.00 (which stopped the previous sharp downward impulse wave (A) at the star of February).
The support zone near the support level 60000.00 was strengthened by the lower daily Bollinger Band
Given the strength of the support level 60000.00 and the oversold daily Stochastic and RSI indicators, Bitcoin cryptocurrency can be expected to rise to the next resistance level 65000.00 (former support from March).
SOURCE LINK : Bitcoin Wave Analysis – ActionForex
