MillionaireEconomics

BTC Bitcoin: 3 Possible Scenarios

BITSTAMP:BTCUSD   Bitcoin
Hello friends, today you can review the technical analysis idea on a 1D linear scale chart for Bitcoin (BTC).

The chart is self-explanatory. I noticed three possible scenarios that could be possible for the BTC price. Keep a close eye on the RSI.

Shown in the chart: Trend line, Support and Resistance Trend Line, Bull Flag, Descending Channel, Relative Strength Index, and Volume .

If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below.

Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis . Don't trade based on my advice. Do your own research! #cryptopickk
Comment:
Scenario 1 still on point. :)
Comment:
Scenario 1 target was almost met before price dropped down. Keep an eye on Volume and RSI on various timeframes.

I chart on Tradingview: www.tradingview.com/symbols/BTCUSD/?aff_id=25106

I hold crypto on Ledger Hardware: shop.ledger.com/?r=9f683f228f19

I find value in the data from LuxAlgo:
www.luxalgo.com/pricing?rfsn=6252565.5f61bd
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