Here is a mid term prediction for Bitcoin trend,
The signs have revealed, bitcoin will be bullish again for few weeks and leverage traders can enjoy a nice gain from current price at 8,200 USD to 9,500 USD. In there we should expect a decline due to long term trend line rejection which will take us to a very low level of 7,000 USD, the lowest in the next decade. From then I expect we are unlikely to see these prices anymore and accelerate to AHT which then will move us to even newer ATHs.
The signs have revealed, bitcoin will be bullish again for few weeks and leverage traders can enjoy a nice gain from current price at 8,200 USD to 9,500 USD. In there we should expect a decline due to long term trend line rejection which will take us to a very low level of 7,000 USD, the lowest in the next decade. From then I expect we are unlikely to see these prices anymore and accelerate to AHT which then will move us to even newer ATHs.
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.
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.