YongTung

Bitcoin could break resistance level and go to 48k

Panjang
INDEX:BTCUSD   Bitcoin
Hello dear friends and tradingview community! Let's talk about #bitcoin.

Recently btc has tested resistance level ($28876.75) and failed.

The price is currently trading near the support line ($25365.62).

I expect that bitcoin can bounce from resistance level to support line.

Then I think btc can bounce up soon and break previous resistance level and go higher.


I decided to set two targets, the first target is at level of $36000, the second target is at level of $48000.

I expect such a scenario.

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This is my opinion, I really hope it will be useful for you. Always DYOR.

And please don't forget to support this idea with your like and comment, It means a lot to me, thank you ;)

Happy trading!
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