Hello everyone!
Bitcoin had some pretty hard months since our all-time high (69k) and we might recover very soon!
You can see we just hit the big green trend line and we also got strong support at around 39500, so we are looking pretty Bullish.
Here are 3 potential paths for bitcoin this year.
1. GREEN ARROW - Bitcoin will touch the big green trend line and break the downtrend to the upside, also we got support at 39600, you can see that by the 2 white arrows.
2. PINK ARROW - Bitcoin will go down to our second support (around 38K) And then we will go up.
3. BLUE ARROW - Bitcoin will drop to 28-32K where we got really strong support ( You can see by the 3 Blue arrows) and after that, we will be very bullish and bitcoin will rise (If we will hold the support at around this area).
f you have any feedback about the chart pls feel free to tell me:)
This is my idea only, not financial advice.
Good Luck everyone, I hope we will see the bull run is starting now ;)
Bitcoin had some pretty hard months since our all-time high (69k) and we might recover very soon!
You can see we just hit the big green trend line and we also got strong support at around 39500, so we are looking pretty Bullish.
Here are 3 potential paths for bitcoin this year.
1. GREEN ARROW - Bitcoin will touch the big green trend line and break the downtrend to the upside, also we got support at 39600, you can see that by the 2 white arrows.
2. PINK ARROW - Bitcoin will go down to our second support (around 38K) And then we will go up.
3. BLUE ARROW - Bitcoin will drop to 28-32K where we got really strong support ( You can see by the 3 Blue arrows) and after that, we will be very bullish and bitcoin will rise (If we will hold the support at around this area).
f you have any feedback about the chart pls feel free to tell me:)
This is my idea only, not financial advice.
Good Luck everyone, I hope we will see the bull run is starting now ;)