Current Setup:
- Bullish Flag and Descending Broadening Triangle:
Bitcoin is in a consolidation phase, with a bullish flag potentially forming within a larger descending broadening triangle.
Bullish Scenario:
- If Bitcoin breaks out above the current consolidation (around $60,000), the bullish targets could be $64,945 (8.17% move) and potentially up to $69,884 (Fibonacci extension).
Bearish Scenario:
- Failure to break out could see Bitcoin retesting lower support levels at $57,000 or even $55,000.
Bitcoin's next move will likely be determined by how it behaves around the $60,000 resistance. A breakout could push it towards $65,000-$70,000, while a rejection could lead to a pullback.
- Bullish Flag and Descending Broadening Triangle:
Bitcoin is in a consolidation phase, with a bullish flag potentially forming within a larger descending broadening triangle.
Bullish Scenario:
- If Bitcoin breaks out above the current consolidation (around $60,000), the bullish targets could be $64,945 (8.17% move) and potentially up to $69,884 (Fibonacci extension).
Bearish Scenario:
- Failure to break out could see Bitcoin retesting lower support levels at $57,000 or even $55,000.
Bitcoin's next move will likely be determined by how it behaves around the $60,000 resistance. A breakout could push it towards $65,000-$70,000, while a rejection could lead to a pullback.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.