Bitcoin Looks Promising on Bullish Side
Bitcoin has made double bottom base at around 53000 price range.
Also in weekly time frame, coin is in consolidation to negative pattern which shows a FLAG AND POLE pattern possibility.
Other support is near to 40000 to 40600 price range.
In Monthly Time Frame it is just showing profit booking.
If price breaks above 64000 in weekly candle or sustains above 70000 (Safe Side+ breakout of flag and pole pattern) the price can reach to the levels given in chart.
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Disclaimer: Above is just my own opinion about the coin and is for educational purpose only.
Also in weekly time frame, coin is in consolidation to negative pattern which shows a FLAG AND POLE pattern possibility.
Other support is near to 40000 to 40600 price range.
In Monthly Time Frame it is just showing profit booking.
If price breaks above 64000 in weekly candle or sustains above 70000 (Safe Side+ breakout of flag and pole pattern) the price can reach to the levels given in chart.
Follow for more such content.
Disclaimer: Above is just my own opinion about the coin and is for educational purpose only.
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.