Bitcoin - The Fight Between the Bulls and Bears
Bitcoin is in a critical point!
In chart you can see 2 possible scenarios
SCENARIO 1
in the case we pass the 6.4k resistance, we will retest 10.5k resistance and if we pass 10.5k we officially reversed the trend and directly test 14k again.
SCENARIO 2
in the case we got rejected from 6.4k we will fall below the 200Week Moving Average, wich is a bad signal,
and we will retest the previous support that is around 3.2k, this is a very good place to do a buy entry for investors. (you are buying BTC with 70% Discount)
but also if we brake the 3.2k we could fall around 1k and there definitely is a UNIQUE opportunity to buy BTC.
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Leave a comment!
Before to trade my ideas make your own analysis.
In chart you can see 2 possible scenarios
SCENARIO 1
in the case we pass the 6.4k resistance, we will retest 10.5k resistance and if we pass 10.5k we officially reversed the trend and directly test 14k again.
SCENARIO 2
in the case we got rejected from 6.4k we will fall below the 200Week Moving Average, wich is a bad signal,
and we will retest the previous support that is around 3.2k, this is a very good place to do a buy entry for investors. (you are buying BTC with 70% Discount)
but also if we brake the 3.2k we could fall around 1k and there definitely is a UNIQUE opportunity to buy BTC.
Push like if this idea useful to you!
Leave a comment!
Before to trade my ideas make your own analysis.
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