BTCUSDTBTCUSD Hello dear traders. If the price of Bitcoin stays above Bollinger midline, Bitcoin can continue the bullish scenario up to the target of $FWB:39K-40K.
- In this week, bitcoin price breaks the ascending channel (in yellow).
- Overall, in my opinion, as long as the price of Bitcoin does not fall below the red-line support, there is a possibility that it will go higher.
- But if the price loses the support, the level of 31,700 to 30,200 will be a strong support for Bitcoin in the bearish scenario.
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Note
Bitcoin is losing momentum. So, either the price goes up, or it starts testing lower levels. The FOMC meeting and other geopolitical factors could affect this week's forecast, and a target of 30,000 is possible.🐱👤✍
Note
After consolidating above the indicated level, Bitcoin went through a bullish scenario.
Wait for the next updates.
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🚀Free Exclusive positions and Crypto tracking💎:
📲 Telegram: t.me/CrazyS_Tradingview_Analysis
Share the analysis & Spread the wealth✨
🖊Got Feedback? We're all ears!📚
🍀Ride this journey with us🥂
📲 Telegram: t.me/CrazyS_Tradingview_Analysis
Share the analysis & Spread the wealth✨
🖊Got Feedback? We're all ears!📚
🍀Ride this journey with us🥂
Related publications
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.