Hello Friends!
Here’s a new look on Bitcoin’s daily chart. Unfortunately it’s still on a downtrend.
For a bearish case if it continues to stay in the downtrend channel and creates lower closes, I see these as possible price targets:
$40500
$35000
$30000
For the bullish case it needs to close above $45739. If that break happens, I see a few bullish price targets:
$48778
$52382
$59211
As always thanks for your follows, likes, and comments. Let’s learn and grow together. Cheers!
Here’s a new look on Bitcoin’s daily chart. Unfortunately it’s still on a downtrend.
For a bearish case if it continues to stay in the downtrend channel and creates lower closes, I see these as possible price targets:
$40500
$35000
$30000
For the bullish case it needs to close above $45739. If that break happens, I see a few bullish price targets:
$48778
$52382
$59211
As always thanks for your follows, likes, and comments. Let’s learn and grow together. Cheers!