Next week will be the turning point in the market
Bitcoin on a weekly frame is on the way to break the 2021 support, very strong, from which the price has rebounded 7 times in the last two years, so we expect from 2 scenarios for more:
First: A rebound from a specific area with a red balloon and the formation of a transverse path with a duration of between 30 and 60 days, i.e. in late July with the formation of Bullish Cross and coinciding with the beginning of the second
Second: Penetrating a resistance and re-testing it again, then it brings us down to the Zarqa area from 18 thousand to 20 thousand, which appears and is achieved until that
and God is superior and knows best
Bitcoin on a weekly frame is on the way to break the 2021 support, very strong, from which the price has rebounded 7 times in the last two years, so we expect from 2 scenarios for more:
First: A rebound from a specific area with a red balloon and the formation of a transverse path with a duration of between 30 and 60 days, i.e. in late July with the formation of Bullish Cross and coinciding with the beginning of the second
Second: Penetrating a resistance and re-testing it again, then it brings us down to the Zarqa area from 18 thousand to 20 thousand, which appears and is achieved until that
and God is superior and knows best
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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.