What is the future of the king of cryptocurrencies?
There are two scenarios in the future of btc
According to the Federal Reserve and the increase in optimism about BTC in both scenarios, the uptrend will occur soon, but it is important to predict how each of these scenarios will move in order to make the most profit.
1.Looking at the Bitcoin chart, it can start climbing to the important price level of $ 46,000, which is a very important support level, and in addition to the important static level of $ 46,000, the level of volume accumulation at this price is high and it will be difficult to break. So btc can start the uptrend from $ 46,000 Of course thise trend is not very fast It may take a while.
2.The second scenario is a pessimistic scenario, but it must be considered .Falling to $ 41,000, reaching a critical support level of $ 41,000 to $ 39,500, as well as reaching the bottom of Bitcoin's main uptrend channel, which has been able to start rising every time it hits.
*At the moment, it can be appropriate to enter step by step by observing capital management, but sudden and sudden entry is not appropriate at all, because the status of bitcoin has not been fully determined yet.
According to the Federal Reserve and the increase in optimism about BTC in both scenarios, the uptrend will occur soon, but it is important to predict how each of these scenarios will move in order to make the most profit.
1.Looking at the Bitcoin chart, it can start climbing to the important price level of $ 46,000, which is a very important support level, and in addition to the important static level of $ 46,000, the level of volume accumulation at this price is high and it will be difficult to break. So btc can start the uptrend from $ 46,000 Of course thise trend is not very fast It may take a while.
2.The second scenario is a pessimistic scenario, but it must be considered .Falling to $ 41,000, reaching a critical support level of $ 41,000 to $ 39,500, as well as reaching the bottom of Bitcoin's main uptrend channel, which has been able to start rising every time it hits.
*At the moment, it can be appropriate to enter step by step by observing capital management, but sudden and sudden entry is not appropriate at all, because the status of bitcoin has not been fully determined yet.
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