Bitcoin is currently forming a wedge as it's pushed between its support and upper resistance. As it keeps moving sideways it'll be forced to move A direction. Given the history, I expect BTC to break upwards making a new support.
After much consolidation with significant cash-on-hand and when there is no more room for sellers, there will be a significant uptrend creating yet another impulse wave.
Bitcoin will have potential to go to $20K+ where it will meet a new resistance.
They key is breaking the $15K/$17K level resistance where it will find new support pushing it to new highs.
This is my opinion and my opinion only. This is not a suggestion to buy/trade/sell
After much consolidation with significant cash-on-hand and when there is no more room for sellers, there will be a significant uptrend creating yet another impulse wave.
Bitcoin will have potential to go to $20K+ where it will meet a new resistance.
They key is breaking the $15K/$17K level resistance where it will find new support pushing it to new highs.
This is my opinion and my opinion only. This is not a suggestion to buy/trade/sell
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.