Today, July 17, 2024 – Bitcoin price (BTCUSD) continues its bullish rally, reaching the $65,485 level and attempting to breach it. This suggests a potential for further gains, with the next target set at $67,050.
The bullish bias is expected to persist on both intraday and short-term bases. However, if Bitcoin fails to consolidate above $65,485, it may lead to a bearish rebound and the formation of a bearish wave on an intraday basis.
Today’s anticipated trading range is between support at $64,000 and resistance at $68,000.
Trend Forecast: Bullish
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