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BITCOIN USD TRADE ANALYSIS AND FORECAST!!

BTC USD– AFTER BREAKING THE PREVIOUS PRICE RECORD, MAKES ANOTHER NEW PRICE RECORD! WHAT WILL HAPPEN NEXT??

Cryptocurrency Bitcoin against the US dollar is getting a price boom! In the world, fundamentally, cryptocurrency is getting more and more acceptance and high transaction demand! All financial power countries and factors are getting more and more used to cryptocurrencies. And the cryptocurrency brand ambassador is Bitcoin! Technically, Btc usd started a bullish rally from the label 745212.43 before three months ago. And made a new price high record 112020.62.After making new price high record, btcusd had been trading within a range about last two months, as per daily chart. But in weekly and monthly chart btcusd had been preserved the uptrend strength and momentum. Atleast last week btcusd was able to break the daily chart range high and price has gone up above the previous record high price-112020.62 label.After this, BTCUSD also performed a massive bullish rally and has made a new historical price record, 123282.74! Now BTCUSD is getting some correction. This correction or pullback could be extended to the previous high or resistance label-112020.62. Then there will be a chance this old resistance becomes new support. We expect the BTC price to continue the bullish bias and stay above the previous resistance of 112020.62. If the BTCUSD price closes below the label, then it could change its bullish character and turn into a down bias.

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