Today Bitcoin had a nice push from the predicted bottom of 13k to 15.7K, but I think the markets may find a lot of resistance at this price range due to a convergence of resistance levels.
I think the price will try and fail to go across and eventually will return to the main channels resuming after that an uptrend momentum that will lead to new ATH (but that will be in further prediction).
I'll be updating below with new updated charts if I see anything worth comment on.
Cheers & Trade Smart
Previous Prediction: "#Bitcoin 1h chart - Possible pullback and expected support level"
Follow me on twitter: twitter.com/brunopro79
I think the price will try and fail to go across and eventually will return to the main channels resuming after that an uptrend momentum that will lead to new ATH (but that will be in further prediction).
I'll be updating below with new updated charts if I see anything worth comment on.
Cheers & Trade Smart
Previous Prediction: "#Bitcoin 1h chart - Possible pullback and expected support level"
Follow me on twitter: twitter.com/brunopro79
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Related publications
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.