😊Today, I want to analyze Bitcoin for you in a 12h time frame so that we can have a Mid-term view of Bitcoin regarding the technical analysis. (Please ✌️respectfully✌️share if you have a different opinion from me or other analysts).
BTCUSD has Created a Large Rounded Bottom. This Means The Price Can Increase as Much as the Length Between The Top and The Bottom Of the Rounded Bottom. Since the rounded bottom is broken. The price can have a good rise.
✅ Due to the Ascending structure of the chart... - High potential areas are clear in the chart. - Rounded Bottom
Stay awesome my friends. _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟! ⚠️Things can change... The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Bitcoin will crash back to its 20 ish no matter how high it goes , the up move right now is made by retailers and not institutions will try to enter again at the 20 ish level
altsandislands
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@Adilmohammed545, the rally right now is because of institutional inflows....
danielgwatkin
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Feel sorry for those people waiting for 20
bizzbusy
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@Adilmohammed545, In fact retail is standing mostly on the sideline according to latest reports