In 2020, Bitcoin entered a long-term uptrend channel
Which left its ascending channel on 5-2021 and with the price falling to the range of 29,000 to 30,000 $
There are currently two scenarios for Bitcoin
Scenario 1 (optimistic)
Complete the bitcoin correction in the range of $ 37,500 to $ 40,000, and after breaking the range of $ 58,000 to $ 64,000, re-enter its uptrend channel and touch the three targets in the short, medium and long term, respectively.
Res zone : 43000 - 45000 - 47000 - 50000 - 52000
Scenario 2 (pessimistic)
Bitcoin reform will be completed within the specified buying ranges and will grow to the range of $ 58,000 to $ 64,000, and this growth will be just a pullback to the broken channel and will force itself and the market to reform for a long time
In any case, I think the current downtrend will end soon (within the next week) and we will have a bullish market to reach the main resistance.
There, I hope Bitcoin re-enters its uptrend channel with a very strong candlestick and touches the targets one after the other.
Time will tell ...
Good luck
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All Bitcoin addresses have been ascending, but the chart is Descending 😂 buy time
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I hope the purchases are complete, it was a great move from Bitcoin 😂
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Bitcoin reached a price of $ 49,000
It is time for a temporary correction
No emotional shopping
Good luck
It is time for a temporary correction
No emotional shopping
Good luck
Trade active:
Correction started :)
The $ 45,700 to $ 46,400 range is a good buy position ( for spot )
The $ 45,700 to $ 46,400 range is a good buy position ( for spot )
