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Bitcoin's analytical forecast for the coming years

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Considering the behavior patterns of the altcoins' weekly chart, our indicator has identified the current price range as a bottom, and therefore we expect to see explosive price growth in the coming weeks...

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In the weekly time, Bitcoin is placed under the trading node of 36,000 where the descending pattern of Saqib Star is forming. Now we expect it to move towards the price correction of 30-31,000 from here.

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As we said earlier in the analysis, the empty space of the chart was filled with nearly 27,800

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YES...ITS DONE According to the analysis of the past days, as you can see in our profile Find out that Bitcoin climbed from monthly support to weekly resistance of 28,400...

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In the diagram, we can see that there are two empty spaces As you know, soon they will be touched Now the possibility of touching a higher price means 27800 and then The bottom is more

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Binance Coin is at the monthly bottom where we expect it to be After the formation of support, first the weekly resistance side of 277 and then the numbers higher to perform an upward movement

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According to previous analysis Bitcoin is now at daily support where we expect it to support and climb upwards

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Bitcoin is now at monthly support where it is likely It is very strongly supported and will have a return to the resistance of 28400

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Bitcoin hit the weekly support of 28,300 during the last daily candle and bounced back There is a strong possibility that soon we will witness the formation of support and the return of the price to the weekly resistance side We will be 30,000.

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Bitcoin is now sitting on weekly support of $70-80, an area we expect to hold and see a strong bullish reward close to halving from there.

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If Bitcoin can break the resistance of 31000 with a strong weekly candle, the next target The monthly resistance will be 42,000. This move is a classic rally base rally is also

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Bitcoin exactly according to the previous analysis that is available in our profile After the correction, the 25100 position was supported and moved again to the 30600 resistance position

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According to our long-term analysis, Bitcoin correctly has 4 bearish waves Elliot did the previous one, now it's the turn of wave 5, which means it's final A wave that is not regular like the previous 4 waves may be complete If it is fully formed, then we have to wait for 8000 If it is not completed, it can return 23-25 thousand from the weekly support

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As expected and previous analysis, Bitcoin retreated from 31,000 Now moving towards weekly support where Probably high support and once again to retest 31000 resistance will take action

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Bitcoin is near the weekly support of 25-23 thousand Where it is expected to be supported after hitting it and move again towards the 31000 resistance test

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Bitcoin corrected weekly support side as expected. It is now likely to be supported at this level and will soon return higher

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With the failure of the 11.8 resistance in the dominance of altcoins, now after the completion of the pullback , we expect to see a new season of the rise of altcoins.