➡️ The Bitcoin forecast for this, already ending week has worked 100%. You can see it yourself with it at the link below👇. After the price reached its intended target at the upper border of the balance (marked in white on the chart), the cryptocurrency rushed down. For buyers, it was assumed that the price would still be able to stay at the level of 60,000$ and even continue its rise higher.
The current situation is more in favor of sellers. The price is likely to test the 52,662$ level. Here it is assumed that the support level would be broken and the next stop will be at 48,200$. This level can easily be broken, so it is not recommended looking for BUY-positions from it. Based on the D1 chart (shown below), the price has broken through the support line of the uptrend channel. From here, of course, it is clearly visible that BTCUSD in this case would go down to 42003.60$.
In general, sellers have initiative now. It will only be possible to break it if we see the price close above the 60,000$ level. In this regard, SELL-priority is planned for the coming week for this cryptocurrency.
Thanks for your comments and likes👍
👇🔥LINKS TO PREVIOUS IDEAS AND FORECASTS🔥👇
The current situation is more in favor of sellers. The price is likely to test the 52,662$ level. Here it is assumed that the support level would be broken and the next stop will be at 48,200$. This level can easily be broken, so it is not recommended looking for BUY-positions from it. Based on the D1 chart (shown below), the price has broken through the support line of the uptrend channel. From here, of course, it is clearly visible that BTCUSD in this case would go down to 42003.60$.
In general, sellers have initiative now. It will only be possible to break it if we see the price close above the 60,000$ level. In this regard, SELL-priority is planned for the coming week for this cryptocurrency.
Thanks for your comments and likes👍
👇🔥LINKS TO PREVIOUS IDEAS AND FORECASTS🔥👇
Comment:
D1 chart of BTCUSD👇
