Technical analysis by KaKazazy about Symbol BTC: Buy recommendation (4/24/2024)

BTCUSD continues to maintain its recovery, holding strong above the $66,000 mark. Currently, this cryptocurrency is still in an uptrend, with new support levels being established. Looking at the technical analysis chart, the 34 and 89 EMA lines are beginning to converge, suggesting that the next trend could be a continued upward movement. Resistance at $67,690 is anticipated to be breached soon. Should this occur, we could expect BTCUSD to reach highs above $70,000.