Bitcoin in the most optimistic case can reach the price of 31 to 32 thousand dollars and reach the ceiling of the channel to 71 thousand dollars, in which case the w pattern is formed and can reach 170 thousand dollars. Of course, this was the most optimistic case I saw from the chart, but overall It is not strange to say that the market is declining and whatever happens, bitcoin may reach $ 23,000.
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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.