hello everyone. Due to the following reasons, I predict a downtrend of Bitcoin in the Weekly time frame : 1- as you see from now 2022 until aug 2024 , price and volume trend is opposite. 2- Mfi has moved below the 50 line. 3- in large channel we can see that price can move down at least to midline ( about 54000) and in the other zones ( 48 , 42 , 32 ) 4- in...
This is an important week. Or rather, an important range... A break of this range means a drop to 14,000 may happen And support in this range means growth up to the midline of the channel or up to the ceiling of the channel may happen. This means that 2024 may be a positive and upward year. But before this growth, a decline may occur according to the corner...
BTCUSD 1W-TIMEFRAME ANALYSIS 💡 Hello ladies and gentlemen This is my new idea for Bitcoin My idea is that Bitcoin will continue to downtrend Support is between 9000 and 9200 It would be good to test it, and test of the historical downtrend The bulls defend these areas strongly From there we will start the bull market 💪💪💪 I hope my idea is clear Support...