CryptoPatel

Bitcoin Is Ready to $87500 and Why..? Don't Miss this Update

Long
COINBASE:BTCUSD   Bitcoin
#BTCUSDT Exclusive TA update:-

#BTC currently trading near around $37,000. And as per my analysis Bitcoin is now bullish (May make inverted Head & Shoulder Pattern). Chart attached

I am not 100% sure, it may follow head and shoulder pattern (just possibility).

If this go as per my analysis then we can see new ATH of $87,553 in upcoming sessions.

So now what..?
First resistance is $38500-$39000 range
If this break then BTC is supper bullish. $39k range plays a major role as resistance, 39k range sustain must for bullish rally.

After break & sustain over $39,000 range, we can see BTC towards new high of $53,000 & $87,000 followed by a small correction/ retest to $39,000 level

This is my out of the box T.A. & F.A. analysis.

Some important levels to note down:-

Support:- $32000
Resistance:- $39500/$47000/$53500/$59841

*** Not Financial Advice.

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