hossein_rf

bitcoin weekly analysis

INDEX:BTCUSD   Bitcoin
hey traders , checks out my last price action analysis and wish you the best

if we look at the high time frame at the BITCOIN chart , we can see the monthly and weekly double top pattern so clearly and i highlight that area for you guys aswell ,

now lets talk about a big bullish channel , look how beautiful price touches the midline channel and make a double top pattern after that touch , banggggg the price falling down ;)


we have a 30k $ price action support area
if price breaks out this area VALID , the next support area as i highlight is 20k$ and the bottom of this channel is around this prices

and the most powerful support zone for bitcoin in the monthly and weekly chart as i highlight which is a zone , is around the (12k - 14k ) $ price

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