According to the chart's indications, every time it has attempted to grow, it has broken through resistance in the third phase of the collision and experienced at least a twofold growth.
The cup and handle pattern is being completed which, if correct, will rise to at least $100,000 and once corrected, the trend will continue.
In the chart, static and dynamic resistance intersect and cause the price to fall
update idea : If it breaks the triangle upwards, it will experience at least 5x growth
According to the drawing, the right shoulder is being completed
If it breaks the triangle upwards, it will experience at least 5x growth
Bitcoin is fluctuating within the triangle, so two scenarios can be considered
It has hit the corner ceiling twice and three times with the corner floor. If the upward trend of bitcoin starts, the FIL will continue until the specified target.
Bitcoin has been neutral for the past few days It continues until the halving day, after which it grows at least twice
The lines of support and resistance have been identified and due to having two resistances in the Long path, it is doomed to be short.
It is moving in a channel, and if Bitcoin is not bearish, the doge will continue until the top of the channel