Opinion: Bitcoin needs to hold $73,344, with the first upside target at $79,234
BlockBeats News, March 18, according to analyst Ali Charts, from a technical perspective, bitcoin is expected to usher in a wave of upward movement after the daily closing price breaks through the resistance level of $73,344. To maintain the upward momentum, this price level must be held and become structural support.
The upward targets are:
• $79,234
• $85,555
Ali Charts stated that with the recent retest of $73,344, the possibility of upward volatility has emerged.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Japan's exports to the US decline for three consecutive months
DeFi TVL surpasses $100 billion for the first time since early February
Data: The current Crypto Fear & Greed Index is 27, indicating a state of fear.
U.S. natural gas briefly dropped 3.6%, and on-chain NATGAS longs were liquidated for $1.85 million.
Trending news
MoreCrypto prices
More
