Bitcoin analysis strategies and ideas
Updated
⏳"BITCOIN analysis / 4-hour timeframe"
👉"BITCOIN has undergone a prolonged bear-trend.
🔰This bearish trend can be encapsulated within a bearish channel on the 4-hour timeframe.
A bullish breakout of this channel is the condition for continued growth.
🔰If a decline occurs, it will be temporary and will find support at one of the following levels: 58595.50, 56819.25-57372.40, or 55382.60-55876.20.
🎯Subsequent growth targets for BITCOIN:
Target 1: 60094.00
Target 2: 62731.30
Target 3: 64638.50
Target 4: 70564.40-71976.70"
👉"BITCOIN has undergone a prolonged bear-trend.
🔰This bearish trend can be encapsulated within a bearish channel on the 4-hour timeframe.
A bullish breakout of this channel is the condition for continued growth.
🔰If a decline occurs, it will be temporary and will find support at one of the following levels: 58595.50, 56819.25-57372.40, or 55382.60-55876.20.
🎯Subsequent growth targets for BITCOIN:
Target 1: 60094.00
Target 2: 62731.30
Target 3: 64638.50
Target 4: 70564.40-71976.70"
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