BTC/USDT Possible movement levels
The chart above shows the price history of Bitcoin.
what idea have try to share here is in before every halving of the BTC price mostly drops to 39-43% & also i have checked some of the drops in between mostly BTC goes to 42%. so if we take this level as retracement or bottom then my areas are marked which will be 95-9800 price that will be touched.
Also you will Notice most of the time that will happened in the Jan-Feb. after that Price goes to there Major Resistance level in that case it could be 20K, after that it will back to test the support level of 155K or 165K now a days we are seeing.
Thats not the Exact will be happened but looking into the history we may say that BTC could touch 10K or lower in Coming weeks of Jan 2023.
Thank you for the privilege of your time in reading my post.
what idea have try to share here is in before every halving of the BTC price mostly drops to 39-43% & also i have checked some of the drops in between mostly BTC goes to 42%. so if we take this level as retracement or bottom then my areas are marked which will be 95-9800 price that will be touched.
Also you will Notice most of the time that will happened in the Jan-Feb. after that Price goes to there Major Resistance level in that case it could be 20K, after that it will back to test the support level of 155K or 165K now a days we are seeing.
Thats not the Exact will be happened but looking into the history we may say that BTC could touch 10K or lower in Coming weeks of Jan 2023.
Thank you for the privilege of your time in reading my post.
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