As I expected earlier, Bitcoin still reached the level of $25,000!!! And it's cool! Inflation figures in the US justified the forecast and the market showed good volatility this week. What can we expect next? Most likely, after such a growth, Bitcoin will go for a slight correction. But we must remember that we are still waiting for the speech of the head of the Fed Tim Cook, and the market can also react strongly after his words. But given the positive dynamics of the market, we can assume that growth will continue. Now it is psychologically important to break through the $25,000 level and strengthen above it! After that, we will have a direct road to the range of $ 28,000-30,000 The chart also shows an ascending channel, which sets a trend for us in the near future. But I would recommend looking for an entry point only after a correction!!!
Disclaimer
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.
Disclaimer
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.