There are currently 2 possible scenarios for BTC to continue its uptrend until the end of the year
1- Drop to 37K to fill the CME gap and some consolidation around this area before rising
2- Direct break of the strong resistance (200MA D) around 42k5
(Bulls need to close on a daily candle above this moving average for more impetus)
In case the bulls succeed in removing the strong resistance and close above, you need to look for price movements towards 44k - 46k - 48k and test the main trend resistance.
This article is a small analysis of opinions about BTC continuing to grow again, not an investment recommendation.
What is your opinion in the future???
1- Drop to 37K to fill the CME gap and some consolidation around this area before rising
2- Direct break of the strong resistance (200MA D) around 42k5
(Bulls need to close on a daily candle above this moving average for more impetus)
In case the bulls succeed in removing the strong resistance and close above, you need to look for price movements towards 44k - 46k - 48k and test the main trend resistance.
This article is a small analysis of opinions about BTC continuing to grow again, not an investment recommendation.
What is your opinion in the future???