Bitcoin(BTC/USD) Daily Chart Analysis For Week of May 17, 2024
Technical Analysis and Outlook:
Bitcoin surged in this week's trading session as projected. The coin slammed through Mean Res 64000 and rests comfortably at Mean Res 66900 as of this writing. An intermediate pullback is anticipated, expected to pave the way for a renewed Bull Stage movement, with targets set on the Inner Coin Rally 69800, Key Resistance 73200, and beyond.
Bitcoin surged in this week's trading session as projected. The coin slammed through Mean Res 64000 and rests comfortably at Mean Res 66900 as of this writing. An intermediate pullback is anticipated, expected to pave the way for a renewed Bull Stage movement, with targets set on the Inner Coin Rally 69800, Key Resistance 73200, and beyond.
