Bitcoin Price Trades A Little Over $24,000, Can It Target $27,000?

[AJBot]

Bitcoin price peeped above the $24,000 price level after falling from the $25,000 mark few trading sessions ago. Over the past week Bitcoin secured a 6% gain and on the daily chart the coin fell by 1%. This had pointed towards a sign of consolidation. Bitcoin price had formed higher highs and high lows which are an indication of bullishness on the chart. Incase the king coin manages to remain above the $24,000 mark for a substantial period of time, it can aim at $27,000 over the upcoming trading ...

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[Sincerem]

It seems the bullish season is slowly approaching but you have to be very careful at the same time that this is not a bull trap. I may not be surprised to see the price of cryptocurrency coming down to 18 or 19 thousand dollars in the near future.