BTC/USDT 4h simple analysis in 23rd/Apr
Hi, crypto traders.
BTC is in Down Trend now.
As I predicted yesterday, once price went down and was close to reach my target: 50,400USD.
This time, I think the price went down because of the following news.
Biden Eyeing Tax Rate as High as 43.4% in Next Economic Package
bloomberg.com/news/articles/2021-04-22/biden-to-propose-capital-gains-tax-as-high-as-43-4-for-wealthy?srnd=premium-asia
Since the trend is Down Trend, I think the price will try to break 50,000USD near the future.
If the price breaks 50,000USD, it goes down exponentially.
My prediction is as follows.
If BTC goes up:
1st target is 57,500USD
2nd target is 65,000USD
If BTC goes down:
1st target is 50,400USD
2nd target is 50,000USD (strong resistance)
3rd target is 43,000USD
Enjoy your trading.
#Latest news:
COINTELEGRAPH: cointelegraph.com/
#Recommended crypto exchange:
BINANCE: binance.com/en
BTC is in Down Trend now.
As I predicted yesterday, once price went down and was close to reach my target: 50,400USD.
This time, I think the price went down because of the following news.
Biden Eyeing Tax Rate as High as 43.4% in Next Economic Package
bloomberg.com/news/articles/2021-04-22/biden-to-propose-capital-gains-tax-as-high-as-43-4-for-wealthy?srnd=premium-asia
Since the trend is Down Trend, I think the price will try to break 50,000USD near the future.
If the price breaks 50,000USD, it goes down exponentially.
My prediction is as follows.
If BTC goes up:
1st target is 57,500USD
2nd target is 65,000USD
If BTC goes down:
1st target is 50,400USD
2nd target is 50,000USD (strong resistance)
3rd target is 43,000USD
Enjoy your trading.
#Latest news:
COINTELEGRAPH: cointelegraph.com/
#Recommended crypto exchange:
BINANCE: binance.com/en
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