Hello Everyone,
I got this strange pattern in Month and Weekly Timeframe and it forms a rising wedge Pattern which says it will go down to 1124 dollars.
We also see strong support on EMA 250 but that doesn't suffice. Next supports 4916,3136, 1124,272 etc
Just my thought.
Fundamentally,
Bitcoin Halving will be a key factor to see the surge in any direction. Let's see what holds.
I got this strange pattern in Month and Weekly Timeframe and it forms a rising wedge Pattern which says it will go down to 1124 dollars.
We also see strong support on EMA 250 but that doesn't suffice. Next supports 4916,3136, 1124,272 etc
Just my thought.
Fundamentally,
Bitcoin Halving will be a key factor to see the surge in any direction. Let's see what holds.
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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.