Bitcoin UPDATE Hello guys.
How are you doing?
I hope you feel great and always be happy and successful.
today, I want to talk about Bitcoin. It's an update and the expectation about the movement in Bitcoin.
So, as I always said it's not financial advice. please just read and do based on your strategy.
So, Let's go into details.
➖➖➖➖➖➖➖➖➖➖➖
I drew this Fibonacci channel a few months ago.do you remember that?
what a fabulous reactions.
You can find the bottom of Bitcoin easily.
please draw it on BTCUSD. and the price must be on the line chart.
after breaking line 1 (at the top of the first channel) the price changed the trend to complete the pull-bach to the top of the channel.
I expect that the maximum of this movement will be 38300 and then reverse the trend again.
But, if the price succeeds in closing above 38300 by a God Candle (a full candle without shadow at the top and the bottom) and the volume confirms this breakout, I believe that the price can go higher and the first target will be around 47000 and then 58000.
but, it's just a scenario and I don't think the price succeed in closing above the 38300.
by the way, I want to tell you something special.
Every time the stochastic managed to touch the 70 level (and above) and then reverse on the monthly time frame, we had a huge drop.
Please check it out at the below link. (Minimum 84%)
And the consequence is that I expect the trend will reverse soon. That's my idea. and the market maker played this rule to import the money into this game. and burn it.
please think about that carefully. and know that Opportunities in the market flow smoothly like a river.
Please don’t forget to write your comments ✍️✍️ like 👍👍 and Share 👌👌 this vision with your friends.
And Tell me do you agree with me or Not?
Please don't hesitate to write your comments below.
❤️❤️ Wish you the best ❤️❤️
Sincerely Yours
Ho3ein.mnD
