BTC…whats coming next ?
Updated
BTC / USDT
BTC is seeing a significant surge in price by more than 13k since my last analysis! (see in the attachment below)
⚜️CHART ANALYSIS:
We can see BTC is moving in a massive ascending channel since 3 years !
The middle-line of channel acted as important S/R key level its also equates the 0.618 fibo level thats why after breaking out this level with strong volume 2 weeks ago, I published my last bullish idea about BTC is targeting 100k !
⚜️So whats coming next here :
According to my view,Iam bullish and The possible scenarios are:
1- Break ATH first, pullback and continuation toward near 100k
2- Pullback first toward the middle line of channel and then breakout ATH
I tried to simplify my view as much as i can
Whats ur opinion and thoughts? and what scenario has higher chance for you ?
Don't forget to support this analysis and follow for more ideas, setups and analysis
Best of wishes.
BTC is seeing a significant surge in price by more than 13k since my last analysis! (see in the attachment below)
⚜️CHART ANALYSIS:
We can see BTC is moving in a massive ascending channel since 3 years !
The middle-line of channel acted as important S/R key level its also equates the 0.618 fibo level thats why after breaking out this level with strong volume 2 weeks ago, I published my last bullish idea about BTC is targeting 100k !
⚜️So whats coming next here :
According to my view,Iam bullish and The possible scenarios are:
1- Break ATH first, pullback and continuation toward near 100k
2- Pullback first toward the middle line of channel and then breakout ATH
I tried to simplify my view as much as i can
Whats ur opinion and thoughts? and what scenario has higher chance for you ?
Don't forget to support this analysis and follow for more ideas, setups and analysis
Best of wishes.
Note
Scenario 1 VS scenario 2 Which one will take place ?
Note
BTC just crossed 65k ✔️✍️✍️Note
In 2020-2021 bullrunBTC did flash crash around its previous ATH but it absorbed fast and continued going higher after few days
Can we see something similar here ?
Note
BTC is printed a new ATH today ✅
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