First of all , nothing ı draw or write here is investment advice.
I first used the " fixed range volume index" tool in this chart. and ı found the minimum volume and maximum volum in the chert. for example, there is little volume between 20k and 30k .
There is already a lot of buying and selling around 30k , so the chart works as a support.
I made a drawing considering that it made misleading movements compared to previous price movements.
I usually used fibonacci and support, resistance while drawing.
According to the result , ı drew an imaginary candlestick chart using the "bars pattern" tool.
Because it's easier to see . in fact , it doesnt need to act like that at all.
just see how it moves on support and resistance.
As a result, ı expect a price movement of around 30k and then around 20k.
I even think that prices will come between 10k and 20k in the medium and long term.
I say this and ı trust bitcoin too.
Therefore, ı think it will reach hiher levels than the minimum levels ı expected .
why shouldn't 170k , 200k and more be possible in the future?
I am writing again. What ı write here is not investment advice , it is my own comment.
I first used the " fixed range volume index" tool in this chart. and ı found the minimum volume and maximum volum in the chert. for example, there is little volume between 20k and 30k .
There is already a lot of buying and selling around 30k , so the chart works as a support.
I made a drawing considering that it made misleading movements compared to previous price movements.
I usually used fibonacci and support, resistance while drawing.
According to the result , ı drew an imaginary candlestick chart using the "bars pattern" tool.
Because it's easier to see . in fact , it doesnt need to act like that at all.
just see how it moves on support and resistance.
As a result, ı expect a price movement of around 30k and then around 20k.
I even think that prices will come between 10k and 20k in the medium and long term.
I say this and ı trust bitcoin too.
Therefore, ı think it will reach hiher levels than the minimum levels ı expected .
why shouldn't 170k , 200k and more be possible in the future?
I am writing again. What ı write here is not investment advice , it is my own comment.