Its decision time for Bitcoin ! we are on uptrend channel after march 2020 ... After corona virus dump ... and this uptrend has been powerful as you see ! If BTC can break 10k this time we can go higher but otherwise we will see 8k or 7k or even lower ... Its last chance to breakout . Enjoy the show , like it and share your thoughts here please .
this path is in my head ! i like to show it to you ... like it if you like it ! share your thoughts in comments please ... i wanna know what you think :)
Hello friends ... as you can see in this picture we are going up on the Green uptrend and we are approaching to end of the triangle ... Bulls can break the Orange resistance and go to 12K ... Otherwise we will see 9450 again ! and if that cant hold we will go to 9000 on the Yellow uptrend (green area) . In both situation we are in uptrend and Bitcoin will hit 12K...
hi ! as you see in the chart we had a head and shoulder pattern that caused a break from BIG downward trend and that is the BREAK POINT ... now were going up ! in this upward trend we touched 9000 several times and if BTC can hold 8450 $ now and stay in his channel we can see 10000 $ next month !! im hopeful ... 2020 is a good year for crypto .
As you see we had a support at 280 $ ... And based on this chart (4H) and pattern its going up ... There is a huge resistance at 325 $ and for several times i think it cannot break but next time it will break and we go to 380 $ ... i think its a good opportunity to buy now !
its going up again ... touched uptrend line again and bears could not break that ! now in this triangle BTC will choose its way ... maximum until end week of October .