BitcoinLong
BITCOIN NOW IN DIFFICULT SITUATION BUT I HAVE GOOD FEELING š
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Today I want talk with you about BTC chart.
Now btc in difficult situation, to put it simply situation is 50/50 long/short.
But I think 51% chances to go higher and now I will tell you why.
Bitcoin still trades inside local uptrend and main support line still no broken yet.
And now looks like bitcoin creating big accumulation zone before next upward impulse.
Now price trades between support and resistance lines.
I think price can trade some time in this yellow zone is upward accumulation (small) and then going higher.
Btc decline not much from local ath 25000 so I think 25l can be first target.
Second target can be 27k, 28k and higher.
But if price will fix 4h candle below 23k this is will be bad signals for bulls and bitcoin will be able to fall lower.
So, I'm waiting for this scenario.
This is my opinion, I really hope this will be useful for you.
Be ready and take care your money. Have a great profit !
Today I want talk with you about BTC chart.
Now btc in difficult situation, to put it simply situation is 50/50 long/short.
But I think 51% chances to go higher and now I will tell you why.
Bitcoin still trades inside local uptrend and main support line still no broken yet.
And now looks like bitcoin creating big accumulation zone before next upward impulse.
Now price trades between support and resistance lines.
I think price can trade some time in this yellow zone is upward accumulation (small) and then going higher.
Btc decline not much from local ath 25000 so I think 25l can be first target.
Second target can be 27k, 28k and higher.
But if price will fix 4h candle below 23k this is will be bad signals for bulls and bitcoin will be able to fall lower.
So, I'm waiting for this scenario.
This is my opinion, I really hope this will be useful for you.
Be ready and take care your money. Have a great profit !
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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.
Disclaimer
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.