Please Check the chart , we can see FB 2.0 if we cross this level up we will go to the next level 69000 $ so quickly otherwise will go correct to 55000 $
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look at the Bitcoin/usd chart that i have saved it since Jan-May 2021,
after completion to reach 60,000$ as longed 3rd wave,
I confess I was influenced by some bullshit rumors & well known ideas as 5th wave target
and to put it up to 150,000$ !
while I knew that was very improbable!!
While I anticipate a fairly brief 'relief' rally, possibly up towards 44.6k, there can be little doubt that BTC looks set for yet further correction from it’s 2020 – 2021 charge
The weekly moving averages of significance (50 & 20 MA) crossed down on 14th March and if we take a look back at the historical data regarding these crosses it makes for break...
Based on the chart, the price is close to trend line and resistance levels ✔️
and
we expect brief correction to the downside before more gain ❌🧨
if only
the price breaks the trend line here to the upside, we can see more gain for the price 🚀
other
significant resistances and supports are located on the chart ✔️
Please, feel free to ask your question, write it...
Just drawing lines on charts.
BTCUSD (Coinbase), Weekly
Looks like BTC is heading down to a critical support area around $35,500, coinciding with a breakout event in RSI by late October. If that area support holds, look for a reversal that needs to break out the upper trendline around $46.5k. IF we break through, then we need to break resistance around $52k...
BitTorrent’s original goal was to disrupt the legacy entertainment industry and how consumers obtain content.
Expensive and inefficient distribution networks were the main target, with original developer Bram Cohen seeing benefits in allowing internet users to distribute content among themselves directly.
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