Bitcoin - two scenarios, which one will happen? 🤔🤔
Bitcoin is up 6.5% in two days. On the chart, you can see how clearly the price has come from the bottom to the top. Tested as resistance. And is now at $49,800. There could be two possible developments at this point.
The first one is that the price will continue to push up to the upper consolidation boundary, breaking through and retesting at $50,460. Further growth to the area marked above.
The second option - the price will correct to the lower boundary of consolidation and from there upwards.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
The first one is that the price will continue to push up to the upper consolidation boundary, breaking through and retesting at $50,460. Further growth to the area marked above.
The second option - the price will correct to the lower boundary of consolidation and from there upwards.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
Comment:
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Related Ideas
BTC is going according the first scenario