Hello trading friends,
This update is with last the trends.
Bitcoin had and has still a higher chance to get into an uptrend zone increase - and even a breakout to 50k+ is still possible, but depending on the low time frame BTC should come healthy here out with a good time frame, otherwise, it could enter a breakdown trend.
We see on the lower time frame a breakdown trend - but it's still not confirmed by the time frame.
The main update is still running, and that's the green trend. - on that side, there is until now no change.
Depending on TA now we are at the point of break downtrend, and into a confirmation time frame area, which means it's at a point where BTC can get a split trend - but the trend is not confirmed for breakdown trend. --> it's only on the place area processing. ( coming time is important)
If BTC doesn't confirm this time frame it could break down to a lower level, and still will be the question of where, and also or we will get a back trend by whale effect, as the green cycle is still active on BTC.
The moment of now is the most important moment - and TA is still on uptrend until the trend gets confirmed by the time frame for breaking the downtrend. so the trend should hold the 45K level within the time frame.
This is not a trading call but a view from our channel - and Trade always depends your setups
There is no 100% guarantee in trading - it all depends on the high chance of study counting, data, trends.
Have a good time.
This update is with last the trends.
Bitcoin had and has still a higher chance to get into an uptrend zone increase - and even a breakout to 50k+ is still possible, but depending on the low time frame BTC should come healthy here out with a good time frame, otherwise, it could enter a breakdown trend.
We see on the lower time frame a breakdown trend - but it's still not confirmed by the time frame.
The main update is still running, and that's the green trend. - on that side, there is until now no change.
Depending on TA now we are at the point of break downtrend, and into a confirmation time frame area, which means it's at a point where BTC can get a split trend - but the trend is not confirmed for breakdown trend. --> it's only on the place area processing. ( coming time is important)
If BTC doesn't confirm this time frame it could break down to a lower level, and still will be the question of where, and also or we will get a back trend by whale effect, as the green cycle is still active on BTC.
The moment of now is the most important moment - and TA is still on uptrend until the trend gets confirmed by the time frame for breaking the downtrend. so the trend should hold the 45K level within the time frame.
This is not a trading call but a view from our channel - and Trade always depends your setups
There is no 100% guarantee in trading - it all depends on the high chance of study counting, data, trends.
Have a good time.