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BTCUSD - Bitcoin Price Forecast > 2358.13$. I think we haven`t found the bottom and we will have more correction to the downside with a steady impulss triggered by this fractal pattern that we are facing and the resistance line that is pushing us down. This will lead us to 2358.13$ during the spring and maybe a new ATL this year.
WARNING: There might be some...
Based on trend lines and market sentiment there are 2 scenarios:
1. Less likely - Bitcoin can go up to 8400 following the uptrend line formed by higher lows
2 More likely - A panic sell may occur leading to drop arround 4500, where the falling wedge resistance is formed
Eather way 8400 is going to be the most stronger resistance for the bulls.
BTCUSD - Bitcoin Price Forecast > 10500$. I think we found the bottom and now we will have some steady impuls triggered by this false break we are facing now. This will lead us to 10500$-12000$-14500$-16500$ during the summer and maybe new ATH this years winter.
WARNING: There might be some small and healthy corrections all the way up to the top - do not be...