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Bitcoin Surpasses $63,500: Analysis of Recent Price Action Blockonomi 23 sept. 2024

Bitcoin Surpasses $63,500: Analysis of Recent Price Action 📈

Bitcoin

Bitcoin price has surpassed $63,500, successfully breaking through key resistance levels. The digital asset is currently trading above the 100 hourly Simple Moving Average, indicating a stable upward trend.

A bullish trend line break was observed at $63,220 on the hourly chart, offering a potential for further gains if the price remains above the $62,500 support level.

Upcoming resistance levels are noted at $64,200 and $65,000, which could be significant hurdles for Bitcoin's price.

Source : blockonomi.com ↗

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