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ege_arge
Feb 15, 2021 5:41 AM

BTC 4h trend analysis 

Bitcoin / U.S. dollarBitstamp

Description

After breaking 42k, BTC is in a new channel. Same length as before channel. It may try to break 50k from here. If not, dont worry. There are two important supports below.
Comments
alonsoddlviq
what you mean ? is going to 42k now?
ege_arge
@alonsoddlviq, i dont think so. I think it will first go up to 49k
alonsoddlviq
@ege_arge, just 49 and then goes down again? I was under the impression first will go all the way until 59-62 and then yes goes back down to 42 levels. What do you see in your chart?
ege_arge
@alonsoddlviq, think same. We will go up to 55-60k , then correction
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