As far as i can see when the weekly chart trendline support breaks we see a consolidation zone.
In weekly chart we have Rsi downtrend from beginning of year.
In my desicion it can goes to oversold point and then break up this downtrend.
Then i expect to see beautiful days.
In addition i see a possible double top formation in my last analysis. Please read this analysis i shared Dec11, 2021.
I was waiting waiting for Bitcoin goes to 69.000$ from 56.000$ to drop from 69.000$ to 51.000$ in another my analysis. Please read this analysis that i shared Oct 28, 2021.
*This is not investment advice, just my own opinion.
In weekly chart we have Rsi downtrend from beginning of year.
In my desicion it can goes to oversold point and then break up this downtrend.
Then i expect to see beautiful days.
In addition i see a possible double top formation in my last analysis. Please read this analysis i shared Dec11, 2021.
I was waiting waiting for Bitcoin goes to 69.000$ from 56.000$ to drop from 69.000$ to 51.000$ in another my analysis. Please read this analysis that i shared Oct 28, 2021.
*This is not investment advice, just my own opinion.
Comment:
Never take my personal opinions as investment advice, you may lose your money.