My own vision for Bitcoin and my expectations

I see that the bitcoin is creating a positive technical pattern that will be broken soon when the bitcoin reaches the area between 38 thousand to 40 thousand because it is a very strong area with many pending purchase orders, and it will be launched from it to break the flag pattern and start a new bullish wave that achieves the goals that I Expected


My advice right now is to suspend purchase orders about the level of this area

- 45,500
- 40,000
- 39,500
- 39,000
- 38,500
- 38,300


The stop loss is in case Bitcoin closes a weekly candle under the 38000 level, Which is the Fibonacci level of 0.61

In the end, this is my personal opinion, and it may be right or wrong.

I wish everyone the best of luck.

Comment:

A second analysis has been published with more details