BTCPERP NEAR FUTURE ANALYSIS (4H Chart)Technical Analysis Summary
BTC /USDT
TREND ANALYSIS
We have 1 Downtrend in red color .
We have 1 Uptrend in Green color .
Be careful trends need to be modified when broken to the new peaks (Downtrend) and lows (Uptrend).
FUTURE PREDICTIONS
We have many resistance and support levels that I have mentioned above.
I use thickness as an indicator of strength of levels (ONLY FOR VISUALS).
White levels Levels are very tight stop losses that could be used in high leverage future trading.
Good luck everyone, stay safe!
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Btcresistance
BTC/USDT. #BITCOIN ON RESISTANCE 🔴
Expecting Little Retracement And Then Towards 25K 🚀
Not SHORTING Here But Will LONG Above RESISTANCE 👍
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BTC About To Make New Highs?Cryptohopper Newsletter
Market Analysis
Bitcoin is, for the third time attempting to break the resistance between $10,000-$10,500.
Breaking this resistance will mean making a new high for BTC this year.
Based off of the previous bull run, we could expect the next resistance to be at $12,000.
Should this resistance hold, we could see the price dropping to $8,500 and then even further to $7,500.
We have slightly adjusted our uptrending channel from our last analysis. If the price respects this channel, BTC should break above $10,500 no later than the 22nd of June . BTC could, however, break this resistance even faster.