TradingView
SajjatHossen
Oct 16, 2021 3:11 AM

Bitcoin Analysis  

Bitcoin / U.S. dollarBitstamp

Description

â‹…
#BTC 1D Chart Analysis ....

Here I Have 2 Possible Sinario For BITCOIN. Which One It Will Play We Have No Idea. But Personally I Want A Correction On It Or Stability For Alts Coin Ride. Let's Talk About 2 Sinario. Remember, As A Human We Can't Predict Future. We Are Not GOD.

1st 👉 If BTC Follow The AB=CD Pattern. Then It Could Retest The Previous Support Zone $53250 Or $48200 - $50500 Zone. In My Previous Analysis I Said That Btc Making New HH & HL. After The HL Now It's Makes New HH. So At This Moment I'm Focusing On New HL. That's My 1st View About BTC.

2nd 👉 If BTC Follow Extended AB=CD Pattern, Then It Could Hit $71000 Price Mark. If FOMO Played Well. Is That Happen Then We Can Look At New Higher Low At The Price Previous All Time High Or Support $58400 - $59500. Here Is My Both Sinario.

HH = Higher High
HL = Higher Low



More