BitcoinShort
Bitcoin/USD 29/11/23
Updated
Take a seat...
This here is the months chart, each candle equates to a month of price action.
Last month as you can see finished very positive and so this month was likely to also follow trend.
The weekly time frame shows that as of the last two weeks traders/investors of #BTC have been taking profit, but the buying pressure is still there as we can see pullbacks to 35k...
Now we have a minor resistance to break... breaking there has the potential to push price up.
Now a break of this minor resistance (38k) has the potential for price to climb to 50k (where we watch how price reacts) or we have a possible 50-60% discount (30-31k) to get in and climb to 50k.
Worse case for #Bitcoin as of now we fail to break 38k and catastrophically drop.
This is where that 12-10k price predictions comes in...
Take the risk and prosper!!!
| Nothing Here Is Financial Advice But Be Inspired|🌟🚀 🌟
This here is the months chart, each candle equates to a month of price action.
Last month as you can see finished very positive and so this month was likely to also follow trend.
The weekly time frame shows that as of the last two weeks traders/investors of #BTC have been taking profit, but the buying pressure is still there as we can see pullbacks to 35k...
Now we have a minor resistance to break... breaking there has the potential to push price up.
Now a break of this minor resistance (38k) has the potential for price to climb to 50k (where we watch how price reacts) or we have a possible 50-60% discount (30-31k) to get in and climb to 50k.
Worse case for #Bitcoin as of now we fail to break 38k and catastrophically drop.
This is where that 12-10k price predictions comes in...
Take the risk and prosper!!!
| Nothing Here Is Financial Advice But Be Inspired|🌟🚀 🌟
Note
Touched 49k and seems to be rejecting 47k... holding above 41k and we could see price go higher, a failure and I'm saying 34k or lower (#BTC has not even started the 2024 halving yet)Note
#BTC approaching 43k... By the end of the week we either above 50k or possibly rejecting around 46-50k.Note
#BTC Above 51k!!!Note
#BTC🔽 (Look out for Fomo... we could fall from here 50K-48k?)Note
#BTC Now this is uncharted territory and any push above 66k... take a seat!Note
Where we are now is not written in previous history of Bitcoin... There's no history to fall back on to give you a clue of direction.Every price said above 69k is hope, FOMO and a prediction based on nothing...
Take the risk if you dare... #BTC #BITCOIN
Note
#BTC🔼(Look out for FOMO!!! 80k Possible.... We could also fall from here)
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