As the title suggests, I think this is an important week for Bitcoin.
The idea is simply based on the weekly trend line.
If BTC closes above the trendline this week, we can expect a good rally into April, and USD120 000 is on the cards.
However, if BTC fails to close above the trendline, we can expect a drop to low USD 70 000 areas.
This is not financial advice.
The idea is simply based on the weekly trend line.
If BTC closes above the trendline this week, we can expect a good rally into April, and USD120 000 is on the cards.
However, if BTC fails to close above the trendline, we can expect a drop to low USD 70 000 areas.
This is not financial advice.
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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.