This is an idea about the future price of Bitcoin (BTC/USD). Please trade on your own analysis, and share your comments and ideas with me.
Comment:
Comment: From 34,800 to 28,000, as it has been shown in the idea above, Bitcoin's price is in the correction phase!
Comment:
Comment: From 41900 to 29000, it was a 31% correction from the highest price. But, as it has been shown above, Bitcoin's price still can be corrected 40% from its new ATH! So, 25000 (40% correction) and then 20000 are the most important support levels for Bitcoin at this time! Also, the current monthly candle shows the price can be corrected more...
Comment:
Comment: Please pay attention that the stock market can be crashed in 2021 and Bitcoin won't be in a safe heaven! But, Bitcoin's recovery pace can be faster than the other markets.
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Comment: Is it the beginning of a real alt-season?