BTC reached target price $50521.If the price stays above $51000, there could be a rapid rise towards $57800.
bitcoin broke the rising wedge to the downside. Red box should hold the price. if its not, starting point of rising wedge is the next level. I think this is a healthy and temporary decline. After this pullback, the price will continue to move towards $50000- 51000.
Bitcoin remain above 200-day moving average but the market's momentum is decreasing. The crypto is currently changing hands for around $45,000 after reaching a 24-hour top of near $47,000. In the immediate short-term, 1-hour chart shows that the price break out of the support line and then return to retest that line. After a short pullback, we can expect a move...
Bitcoin failed to flip the $40,000 level to support.i think price could fall back to last week's $33,000 to $36,000 range. Binance news (In Europe, Binance said users in Germany, Italy and the Netherlands will be unable to open new futures and derivative positions on the platform with immediate effect) is effect the price also.
If the price moves further down , i think next step will be 196$.