What will Bitcoin do next?
Hello Tradingview!
We are happy to announce that today we start sharing our public ideas with everyone!
The first coin we wanted to dicuss is (of course!) Bitcoin. Let's analyze the current situation and try to understand what do we expect from the price of an asset in the near future. We see 2 scenarios - positive and negative. If we consider the negative one- then there is still a triangle with the expected price down to the range of 7500-8500. On the other hand, if we look at the positive scenario (by the way, our team is more inclined towards the positive) - the triangle has already ended and we make the initial impulses 1 - 2
If price goes above 11100 - that will signal that we have finally turned around and soon reach the new local high.
If the price drops below 9200, we bellieve that correction has not yet ended, and expect a downward movement
In order to be completely sure which particular scenario will occur, we recommend waiting for the situation to develop and buying an asset after passing substantial levels.
If you like what we do - don’t forget to subscribe and like us! The more likes we get - the more often we will release our ideas
We are happy to announce that today we start sharing our public ideas with everyone!
The first coin we wanted to dicuss is (of course!) Bitcoin. Let's analyze the current situation and try to understand what do we expect from the price of an asset in the near future. We see 2 scenarios - positive and negative. If we consider the negative one- then there is still a triangle with the expected price down to the range of 7500-8500. On the other hand, if we look at the positive scenario (by the way, our team is more inclined towards the positive) - the triangle has already ended and we make the initial impulses 1 - 2
If price goes above 11100 - that will signal that we have finally turned around and soon reach the new local high.
If the price drops below 9200, we bellieve that correction has not yet ended, and expect a downward movement
In order to be completely sure which particular scenario will occur, we recommend waiting for the situation to develop and buying an asset after passing substantial levels.
If you like what we do - don’t forget to subscribe and like us! The more likes we get - the more often we will release our ideas
Disclaimer
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