Bitcoin

What will happen to Bitcoin?

4525
This scenario can be considered the second scenario for Bitcoin. Before this, we had a triangle pattern for Bitcoin with higher targets.

Given the significant pauses in the current move, a diametric scenario for Bitcoin can also be considered, with a target of 121K - 126K.

If price is rejected from this level, the diametric scenario will be confirmed.

The green box also serves as the near-term support.

Let's see what happens next.

For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You

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.