Crypto Market Cap, BTC/USD, ETH/USD, USDT/USD, XRP/USD, Bitcoin
Apple, Advanced Micro Devices Inc, Amazon Com Inc, TESLA INC, NETFLIX INC, Facebook Inc
S&P 500, Nasdaq 100, Dow 30, Russell 2000, U.S. Dollar Index, Bitcoin Index
US 10Y, Euro Bund, Germany 10Y, Japan 10Y Yield, UK 10Y, India 10Y
This time we have an ascending wedge, at the moment waiting for a clear break for the next structure to be defined. Theoretically these patterns break down; but in Bitcoin everything is possible.
So far there is a slow decline towards 5800 - 5700 but there is a high possibility of flooding until 4800 - 4500.
By touching $ 8,000 Possible short scenario.
Regards, Updating Bitcon's current cash scenario, I see it transiting an ascending channel started from $ 645 @ $ 781 starting from yesterday a decline from its lower retest around $ 710 to settle at current levels of $ 773 to $ 760. In the idea of the possible projections for greater probability upwards, this is due to the fact that a pennant that represents...
Buena posibilidad de corregir un poco y luego observar si el soporte va mantener o no la tendencia bajista; para el escenario alcista seria un buen comienzo una vez finalizado el dip al área de soporte azul. Good possibility to correct a bit and then see if the support will keep the downtrend or not; for the bullish scenario it would be a good start once the dip...
Punto Objetivo esperado entre 9800 - 10200