Bitcoin bottom and future price prediction.
1. Bitcoin has reached previous high, which has used to be the bottom. Lower bullish trendline violated but daily closed above it. Lower bearish trendline not reached. Daily Bollinger and RSI showing oversold. 4H RSI showing bullish divergence.
2. Next stop upper trendline to confirm bullish flag.
3. Small consolidation to between fib 61% - 23%.
4. Longer term price target the "pole" from flag.
IF
Active until current bottom is not broken.
2. Next stop upper trendline to confirm bullish flag.
3. Small consolidation to between fib 61% - 23%.
4. Longer term price target the "pole" from flag.
IF
Active until current bottom is not broken.
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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.