- BTC shows movement volume into small range trading
- Targets for BTC- 44k
Breakout chance 77%
Increase period 1-15days
Bitcoin is at this moment into a small downtrend frame - If we check the chart depending on the long-term view - BTC is still green. as the chart shows the old level is still below.
Sometimes the whales play the trend of the futures trading by dumping the price - with the idea to get a new volume trend and new spot entering - so not every breakdown trend is a confirmed breakdown trend - and the same for an uptrend.
The area where we are now can play an important role in a new breakout for BTC - and a possible new increase trend to 44K level and more.
For day traders = its important to trade depending low time frame - and for those hodl BTC - check the long term important zone of trend - there is no reason to check low time changes.
The above models are the expecting frames, which means there is no guarantee it will happen 100%
It's important to study all-time you trades well before entering any market.
It's always important to check the markets on all sides - markets can change all time.
- Targets for BTC- 44k
Breakout chance 77%
Increase period 1-15days
Bitcoin is at this moment into a small downtrend frame - If we check the chart depending on the long-term view - BTC is still green. as the chart shows the old level is still below.
Sometimes the whales play the trend of the futures trading by dumping the price - with the idea to get a new volume trend and new spot entering - so not every breakdown trend is a confirmed breakdown trend - and the same for an uptrend.
The area where we are now can play an important role in a new breakout for BTC - and a possible new increase trend to 44K level and more.
For day traders = its important to trade depending low time frame - and for those hodl BTC - check the long term important zone of trend - there is no reason to check low time changes.
The above models are the expecting frames, which means there is no guarantee it will happen 100%
It's important to study all-time you trades well before entering any market.
It's always important to check the markets on all sides - markets can change all time.