BTC Update 04/24/2024, 65751(+1.7%)

Journaling Days: 11

• BTC printed its lowest 65751 at 19:46/04/23/2024

• BTC printed its highest 67158 at 08:14/04/23/2024.

Journal time: April 23th-24th. 7am-7am UTC+7.

BTC overview:

Bitcoin Price Breaks Above $66,000, Eyes Next Target

Bitcoin has broken above the $66,000 resistance zone and is now trading above $65,500. The price is consolidating gains and eyeing a move above $67,200. If it succeeds, it could rise to $68,500 and potentially even $70,000.

Support and Resistance Levels

The next level of support is $66,200, followed by $66,000. If the price drops below $66,000, it could fall to $65,400 or even $64,200.

Technical Indicators

The MACD is losing pace in the bullish zone, while the RSI is above the 50 level, indicating that the price may be ready to rise.

What's Next?

If Bitcoin fails to break above $67,200, it could start a correction and drop to $66,200 or $66,000. However, if it succeeds, it could rise to $68,500 and potentially even $70,000.

Takeaway

Bitcoin is currently consolidating gains above $65,500 and is eyeing a move above $67,200. If it succeeds, it could rise to new heights. However, if it fails, it could drop to lower levels.

BTC Prediction for 04/24-25/24

Short target: 67159

Long target: 65750

Not financial advice

Prediction expired at 04/25/24.07:00 am UTC+7.

BTC Prediction for 04/23-24/24 (Update)

No trade

BTC Prediction for 04/22-23/24 (Update)#2

Short position I opened that day (65678.5) is still in the red.