Mr_Berk

What is next for Bitcoin? (Bull & Bear Scenarios)

Mr_Berk Updated   
BITMEX:XBTUSD.P   Bitcoin
I tried to show 2 different scenarios for bitcoin.

If bitcoin breaks 4430, we can see bullish scenario and aim 4653 - 4850 as a target.

If we see a trend reversal from 4430 and if 4100 is broken, we will aim 3630 as a target. This will be our bearish scenario.

Have a nice weekend,

Berk.
Trade closed: target reached:
Bear target reached, congrats to all who traded with us :)

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.