Bitcoin continues in the way...
This is an idea about the future price of Bitcoin (BTC/USD). Please trade on your own analysis, and share your comments and ideas with me.
Note
Comment: From 34,800 to 28,000, as it has been shown in the idea above, Bitcoin's price is in the correction phase!Note
Comment: From 41900 to 29000, it was a 31% correction from the highest price. But, as it has been shown above, Bitcoin's price still can be corrected 40% from its new ATH! So, 25000 (40% correction) and then 20000 are the most important support levels for Bitcoin at this time! Also, the current monthly candle shows the price can be corrected more...Note
Comment: Please pay attention that the stock market can be crashed in 2021 and Bitcoin won't be in a safe heaven! But, Bitcoin's recovery pace can be faster than the other markets.Note
Comment: Is it the beginning of a real alt-season?
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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.