Bitcoin’s Scenarios
As I’ve stated over and over, I still expect this inverse cup to play out. A sign of a bullish reversal will be if bounce at 41k. The 37k target (unlikely) is based off the height percentage of the cup added onto the cup support. I don’t see how we go below 37k in my opinion. These are two scenarios that are a probability. Having said that, I still believe the minimum target will be 41k.
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Disclaimer
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.