Get started
Bitcoin / Tether

midterm prediction for Bitcoin

By mrzabvista
Updated
With a simple look at the weekly chart (it can also be seen in daily time) we see a slow upward movement. Following the reaction to the long-term dynamic line drawn in white, the possible movement of Bitcoin in the coming weeks will be to move towards the 28,000 range first, and if this area breaks, we will move towards the 30,000 to 32,000 range. If we reach the price of 30,000 to 32,000, can look for short positions.
Comment
(If the support of 25 to 26 thousand is lost, this analysis will not be valid)
Parallel Channel

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.