Dexter_The_Trader

BTC aiming for $64k once again.

Lång
BINANCE:BTCUSDT.P   Bitcoin / TetherUS PERPETUAL CONTRACT
In 1 hour TF, BTC is set to aim for 64K once again. Let's see how it plays off.
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A few days ago, I mentioned BTC aiming for 64K , and here we are, with BTC reaching exactly $64.2k. The current price is at $63.6k.

In this hourly chart, BTC has broken above the trendline, and it looks like a retest is taking place. This means that BTC could either bounce back from the current market price or reach $63k, then bounce back, and move another leg up, targeting to break and close above the 64K ceiling. A breakdown below the lower supporting trendline at $62k will trigger the invalidation alarm, and the final invalidation point would be the $60k support.

Trade safely.

Regards,
Team Dexter.

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