From a technical point of view, due to the breaking of the downward trend line and pullback, it can be traded up to the price of 48,000 dollars and 60,000 dollars. I also observed the bar and key bar signal on the weekly chart.
Considering the inflation situation in America and the global crisis and the increase in the price of gold and the decrease in the price of oil, the tensions between China, Iran, Russia, America and other countries, there is a possibility of price increase or suffering in this range. I think it is the end of correction and the beginning of a bull market.
Considering the inflation situation in America and the global crisis and the increase in the price of gold and the decrease in the price of oil, the tensions between China, Iran, Russia, America and other countries, there is a possibility of price increase or suffering in this range. I think it is the end of correction and the beginning of a bull market.
