This is how started and how ended.
On the last day of the year, Bitcoin has several supports:
+ Long term trend line (Since March 2020)
+ 200 MA
+ Midline of channel (see it in chart)
+ That green line (see it in chart)
- Bitcoin on-chain data don't have good news
- Any support can be broken
BTC price is stuck between this two levels (51900 - 45500)
This is my idea:
If 52k breaks, I'm bullish but if 45500 breaks, I imagine 40 and 30.
Price is in wave C of wave 4th. After that I expect the bullish fifth wave
I could be wrong.
On the last day of the year, Bitcoin has several supports:
+ Long term trend line (Since March 2020)
+ 200 MA
+ Midline of channel (see it in chart)
+ That green line (see it in chart)
- Bitcoin on-chain data don't have good news
- Any support can be broken
BTC price is stuck between this two levels (51900 - 45500)
This is my idea:
If 52k breaks, I'm bullish but if 45500 breaks, I imagine 40 and 30.
Price is in wave C of wave 4th. After that I expect the bullish fifth wave
I could be wrong.
Comment:
Comment:
Happy new year to you all