BTC going to 59,439 $
Updated
If the trendline does not break and the price drops, three peaks will form, which could potentially indicate a head and shoulders pattern. If a Fibonacci retracement is drawn from the left peak to the lowest valley in the middle and set to 1.272, the decline can be predicted to reach that point, which would be 59,439, and a drop to that level is possible. One reason this might happen is that both the Williams Percent Range and MACD are showing divergence.
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The price returned to its previous point and it seems the price did not break upwards continuously... These are the tricks that capitalists play with people's investments, and the analysis appears to be correct.Trade active
The market might want to go up, but I still think it's more likely to drop to the end of the double top, around 56, on the daily time frame. However, everything is just a probability, like this analysis. The big players (whales) are rushing in to grab money from those with cash on hand. So, be careful; you won't profit from just one or two analyses. No analysis is more than 50% certain, so only give it a 50% chance.
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