Crypto King needs a correction
Updated
there is 2 trend-lines for Bitcoin.
the blue one is Mid-term line(1 year) and the green line is a new short-term (140days).
i think bitcoin will see the horizontal S/R zone around 26000usd, it can also break this line and go to major S/R zone of 20000usd.
in the other hand the long-term and overall trend is uptrend.
i prefer not to sell Bitcoin and just wait for a strong trigger in one of mentioned Key levels or break of its last high in the zone of 40000usd.
the blue one is Mid-term line(1 year) and the green line is a new short-term (140days).
i think bitcoin will see the horizontal S/R zone around 26000usd, it can also break this line and go to major S/R zone of 20000usd.
in the other hand the long-term and overall trend is uptrend.
i prefer not to sell Bitcoin and just wait for a strong trigger in one of mentioned Key levels or break of its last high in the zone of 40000usd.
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