Bitcoin
Long
Updated

Will $BTC see targets above 30K ?

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As you can see, based on the latest analysis of Bitcoin, the price was able to hit the last bullish target that I announced ($29,000 to $29,700) And finally, by reaching $30,000, it faced selling pressure and corrected to $28,100! Now the price is trading in the range of $28,500! If the price stabilizes above $28,100, the price can grow to above 30K and hit the next targets! The bullish targets will be $30,000, $31,000 and $31,880 respectively! If the price penetrates below $28,100, we will see a further drop to $27,300 and $26,900 to fill the liquidity void caused by this price growth! This analysis will be updated!

Best Regards , Arman Shaban
Trade active
Note
Last TA os Still Valid !
Note
BTC hit the 30K target again ! ✅
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By re-examining Bitcoin in the daily time frame, we see that the price yesterday and today moved upward as we expected and hit the target of $30,000 again! The first reaction of the price to this level after collecting liquidity has been correction up to $29,500! We have to see if the price can stabilize above 30K or not! In case of stabilization, as I mentioned in the previous analysis, its next targets will be $31,000 and $31,880 respectively! Other assumptions of the previous analysis are still valid!

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The next target ($31,000) reached ! Other assumptions of the previous analysis are still valid! The efficiency of this analysis up to this moment is +8% ✔️

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