Bitcoin is about to sit on its most crucial support trend = $7700 USD
From June 2019 to January 2020, BTC was moving within its downtrend tunnel
Although we broke it from January 2020 to March 2020, we are about to come back into it.
Worst case scenario: we'll touch the $5500 as it's the crucial support we have since we bottomed in December 2018 at $3k
Best case scenario: it's a false alarm and it's going to re-bounce on the downtrend tunnel
Probable case scenario: we're about to get back into the downtrend channel for some time before halving, then we'll get out of it like in January 2020
From June 2019 to January 2020, BTC was moving within its downtrend tunnel
Although we broke it from January 2020 to March 2020, we are about to come back into it.
Worst case scenario: we'll touch the $5500 as it's the crucial support we have since we bottomed in December 2018 at $3k
Best case scenario: it's a false alarm and it's going to re-bounce on the downtrend tunnel
Probable case scenario: we're about to get back into the downtrend channel for some time before halving, then we'll get out of it like in January 2020
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.