Bitcoin is in danger zone of $49,000, if you break that support and look for supports the 40k$, 42$; it is possible that 1inch will also go back even further to look for a stronger support than the current one
Probability 1. (50% occurrence): Consolidation between $3.3 to $ 3.50 to break the resistance of $ 4 - $4.5 in the next months
Probability 2. (20% occurrence): break the last resistance in 1d of $ 5 to $6.5 and go up to $ 8 while maintaining the price
Probability 3. (30% occurrence): Fall sharply and quickly to $ 2,5 and if 1inch fails to consolidate at this price, the next drop is to $ 2
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.