Bitcoin is still bullish
In case of failure of MA 200 resistance in time frame, I expect a price increase in the range of $ 50,000. I expect a thousand dollars to fall to about $ 40,000, but in general I think the market trend is quite upward, and according to the Elliott wave count shown in the picture, the important resistances are $ 50,000 and $ 60,000.
Be profitable
I'll be happy to hear your thoughts on my analysis
Be profitable
I'll be happy to hear your thoughts on my analysis
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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.