BTC / USD
Bitcoin (BTC) followed my previous analysis on October 30th, dropping from $110,000 to its current price of $96,000. check here
What's Next?
Take a Look at the weekly chart:
Bitcoin is currently at a "do or die" support level (trend line + 50-week moving average).
This moving average has been a turning point in previous cycles.
If the price breaks below this level, it will confirm a mid-term bear trend with minimal target around 74k so keep an eye on this chart.
Bitcoin (BTC) followed my previous analysis on October 30th, dropping from $110,000 to its current price of $96,000. check here
What's Next?
Take a Look at the weekly chart:
Bitcoin is currently at a "do or die" support level (trend line + 50-week moving average).
This moving average has been a turning point in previous cycles.
If the price breaks below this level, it will confirm a mid-term bear trend with minimal target around 74k so keep an eye on this chart.
Dagangan aktif
All eyes on current level .. Price action here will determine the market's path in the medium termNota
BTC lost another 10k since sharing this idea and price just hit 86k today📈Telegram channel: t.me/bitcoin_masters
💎For Premium Signals Group ask me here: t.me/Babenski
💎For Premium Signals Group ask me here: t.me/Babenski
Penerbitan berkaitan
Penafian
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
📈Telegram channel: t.me/bitcoin_masters
💎For Premium Signals Group ask me here: t.me/Babenski
💎For Premium Signals Group ask me here: t.me/Babenski
Penerbitan berkaitan
Penafian
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
