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Bitcoin reached a new all-time high at $72,850.71

Joseph

New member
The bullish market have finally returned in the cryptocurrency market as we see Bitcoin break its previous all time high set at the zone of $67k. Now, the latest all time high for Bitcoin is $72,850.71.

Do you see the price still going up or there will be a major pull back soon?
 
There's now a hard retractment in the price action of Bitcoin. The current price of BTC is now at $68,010.33 which will hold for a while before it's going to be move above $72,850.71.
 
There's now a hard retractment in the price action of Bitcoin. The current price of BTC is now at $68,010.33 which will hold for a while before it's going to be move above $72,850.71.
From my price action analysis, it shows that Bitcoin will fall in retractment to the range of $58k before it's going to become bullish again.
 
From my price action analysis, it shows that Bitcoin will fall in retractment to the range of $58k before it's going to become bullish again.
Yes, your analysis was very correct. BTC dropped around the $58k region before going back to $70k region as of yesterday.
 
Yes, your analysis was very correct. BTC dropped around the $58k region before going back to $70k region as of yesterday.
There's another analysis from Morgan P which states that the value of Bitcoin will still drop more because of the zone it's currently in and I'm not surprised by the analysis.
 
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