Bitcoin
Short

Bitcoin can go either way

Hello Friends!
Here’s a new look on Bitcoin’s daily chart. Unfortunately it’s still on a downtrend.

For a bearish case if it continues to stay in the downtrend channel and creates lower closes, I see these as possible price targets:
$40500
$35000
$30000

For the bullish case it needs to close above $45739. If that break happens, I see a few bullish price targets:
$48778
$52382
$59211

As always thanks for your follows, likes, and comments. Let’s learn and grow together. Cheers!
Bitcoin (Cryptocurrency)Chart PatternsdowntrendTechnical IndicatorspricetargetsTrend Analysis

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