Bitcoin is traversing sideways, consolidating and gaining strength ready for the big push towards the very important $48,000 level. With the Spot Bitcoin ETF likely to be announced early in the new year, expect high volatility.
Bitcoin is doing what it was created to do, and this is to provide monetary freedom, a store of value, a trustless system that needs no middleman, and a highly secure means of sending value across the globe.
Bitcoin bull flag?
On Friday bitcoin is ranging sideways at around $43,600, very near to its yearly top of $44,700. That $BTC might be expected to take out this top and make new highs is a very possible occurrence.
Source: Trading View
$BTC is currently within a bull flag, and it might be anticipated that the price comes back to make another touch of the bottom of the flag before returning to break through the top.
The flag isn’t a typical bull flag, in that it doesn’t tilt downwards. Therefore the price could be in a sideways channel and could break ou
We współpracy z: https://cryptodaily.co.uk/2023/12/bitcoin-gathers-itself-ready-for-the-next-big-push
