Bitcoin btc
$ usd

Exclusive Bitcoin (BTC) Aims for $40,000 After Bullish Week

2 mins
Updated by Kyle Baird
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In Brief

  • Bitcoin created a bullish weekly candlestick.
  • BTC has broken out from a short-term descending resistance line.
  • It's potentially trading inside an ascending parallel channel.
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For BeInCrypto’s previous bitcoin (BTC) analysis, click here.

Disclaimer

In line with the Trust Project guidelines, this price analysis article is for informational purposes only and should not be considered financial or investment advice. BeInCrypto is committed to accurate, unbiased reporting, but market conditions are subject to change without notice. Always conduct your own research and consult with a professional before making any financial decisions.

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Valdrin Tahiri
Valdrin discovered cryptocurrencies while he was getting his MSc in Financial Markets from the Barcelona School of Economics. Shortly after graduating, he began writing for...
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