azshomali

Analyzing BTC and the Road Ahead

Short
BINANCE:BTCUSDT   Bitcoin / TetherUS
Hi guys👋👋
I came back with another analysis of the BTC
let's dive into it


at first, we see a MACD divergence between the two last highs in the weekly time frame, it is also visible in the rsi too
soo this indicates a bubble in the price🧨🧨

secondly, there are 3 important gaps in BTC1! daily chart time frame, which I labeled prices.
the most probable scenario for me is that:

BTC price will decline to 28400$ then it may go lower again to reach around 20700$
after that starts to rally for 38400$

OR


it may go up straightforward to the 38400$ without touching the 20700$ level

But in my personal opinion BTC1! should fill the 32000-34000$ gap ultimately📈📈
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