BTC Long Term And Short Term Analysis

BTC LONG TERM - On the 1D I think if it closes above 22500 then it could easily go and test 26000. The volatility indicator is extending on the 4H which means it has legs to go further.

BTC SHORT TERM - On the 1H it looks like it has retested the resistance it broke (22100) if it closes above 22500 on the 1H i can see it going further upwards of 23000 before we get a healthy pull back.

BTC OVERALL - I think BTC is going to have a rise upwards of 23000 before we get a pull back then after the pull back we could be looking at 26000 if it puts in a healthy higher low on the 4H.

Let me know your thoughts in the comments and like my idea!!
BTCUSDBullish PatternsChart PatternsTechnical IndicatorslongtermshorttermTrend Analysisvolitility

Also on:

Disclaimer