Continuing the previous analysis, the end of the downward trend of Bitcoin is the support area of $72,000.
Then, according to my prediction, Bitcoin will leave the descending channel and pass the resistance areas of $9,000, $100,000, and then $108,000.
At the end of the upward trend, Bitcoin will reach its king at the price of $13,000 in this period.
Of course, it should be considered that any tension and conflict between Israel and Iran will cause selling pressure in the Bitcoin market and buying in the gold market.
But due to the erosion of verbal tensions, the market will not pay attention to it after the $72,000 correction.
Wishing you happiness.
Then, according to my prediction, Bitcoin will leave the descending channel and pass the resistance areas of $9,000, $100,000, and then $108,000.
At the end of the upward trend, Bitcoin will reach its king at the price of $13,000 in this period.
Of course, it should be considered that any tension and conflict between Israel and Iran will cause selling pressure in the Bitcoin market and buying in the gold market.
But due to the erosion of verbal tensions, the market will not pay attention to it after the $72,000 correction.
Wishing you happiness.
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.
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.