As mentioned in the previous Bitcoin forecast ( yesterday BTCUSDT ), after breaking the Uptrand channel (at the point I have shown), the price fells to the $20,000 price range.
After a return and pull-back to the price range of $20,500 and $20,900, we see the continuation of the downtrend to the historical price, and the resistance zone of $19,000.(this pull-back and fall again takes about 2 or 3 days)
After that, the price falls again to the important and strong resistance of $17,500.
My forecast is that it will swing between the prices of $17,500 and $19,500 in a horizontal and neutral channel for a while.
and my second forecast and possibility is a quick drop and a hit at the price of 10,000. (It is a weak possibility, but not so far )
this is my longterm forecast for Bitcoin or BTCUSD
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Dear Traders
Please write any advice or suggestions.
Dear friends, request any cryptocurrency pair, currencies pair for forex, and any index that you want to be analyzed and ask any questions.
Thanks for your attention
After a return and pull-back to the price range of $20,500 and $20,900, we see the continuation of the downtrend to the historical price, and the resistance zone of $19,000.(this pull-back and fall again takes about 2 or 3 days)
After that, the price falls again to the important and strong resistance of $17,500.
My forecast is that it will swing between the prices of $17,500 and $19,500 in a horizontal and neutral channel for a while.
and my second forecast and possibility is a quick drop and a hit at the price of 10,000. (It is a weak possibility, but not so far )
this is my longterm forecast for Bitcoin or BTCUSD
---------------------------------------------------------
Dear Traders
Please write any advice or suggestions.
Dear friends, request any cryptocurrency pair, currencies pair for forex, and any index that you want to be analyzed and ask any questions.
Thanks for your attention
