BTC made an ATH of $69000 and is continue falling downwards respecting the trendline , if BTC takes support at $53112(which is a double bottom support) then the next target is $58000 and if it breaks $58000 with high volume we can see an up move to
target 1 : $60000
target 2 : $62400
target 3 : $66000
target 4 : $67700 then all the way to a new ATH if it sustains the $53000 support
and if it doesn't take support at $53000 we may see a downfall to $50000 , $47000
this is my analysis on BTC . consider your own analysis before trading . trade safe :)
target 1 : $60000
target 2 : $62400
target 3 : $66000
target 4 : $67700 then all the way to a new ATH if it sustains the $53000 support
and if it doesn't take support at $53000 we may see a downfall to $50000 , $47000
this is my analysis on BTC . consider your own analysis before trading . trade safe :)
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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.