There is an uptrend coming from the $2 level. According to this trend, the target of bitcoin is between 200 and 300 thousand dollars. Another trend has emerged within this trend, and according to this new trend, if the 30 thousand dollar level is broken, the target is 16 thousand dollars. If the 70K level is broken, the target is 200K. This target is a long-term target and shows weekly data on a logarithmic chart.
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.