Bitcoin in weekly timeframe From my personal point of view, we had a 21-week EMA test in this candle Even if we have an influence below these EMAs, as long as the candle are above the range specified in the weekly time in the weekly time, there can be an expectation that the upward movement will continue and try to break the trend line and record a new price...
As our latest analysis expires after breaking the $ 50,500 range At the moment, in my opinion, bitcoin is moving in this upward channel, and the turning point can be leaving this channel or stabilizing in an area below 49000, which will increase the probability of correction to lower levels.
In the daily time frame, it has created a range of suffering that if the candlesticks come out of the suffering from the top, they will have access to the specified targets. If they are removed from the bottom, the safe areas for entry can be red, of course, after stabilization in those areas.
As a reminder According to the pattern and scenario one, the candelabras are going through the path and this can bring good news in the prone altcoins.