Bitcoin Keeps Consolidating Within Bullish Trend
Jun 17, 2024

BTCUSD

Bitcoin with ticker BTCUSD remains in higher degree uptrend as prices broke to new ATH back in March before making some new pullback. On a daily chart we can still see it consolidating within wave 4 correction, which can ideally be a bullish triangle pattern before a continuation higher for wave 5 of III, unless we will see a flat correction within higher degree IV that can retest 55k-50k support zone.

Bitcoin Keeps Consolidating Within Bullish Trend BTCUSD Daily Chart
BTCUSD Daily Chart

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