BTC USDT 4HHello friends
Today we are at your service by examining the BTC currency trend.
Bitcoin is still in an uptrend after falling below the price of 13,900 and has shown good reactions to the ceiling and floor of this channel.
I expect Bitcoin to move towards the channel ceiling and price growth up to 13,700. On the other hand, this area is for a strong authority.
Important
The price of $ 14,000 is a very strong psychological resistance.
If Bitcoin can cross the price of 13,700 and move to 13,900 and stabilize in this area, the targets
14250
14500
15400
But the condition for reaching these targets is stabilization in the area of 13900.
If he can not break the roof of the channel targets
13300
13150
If the support breaks the floor of the channel, the targets
13000
12880
12700
12400-12360
In general, the bitcoin trend is bullish even in the area of 12,300 and there is a good chance of entry.
Keep in mind that the US election will definitely have a big impact on the bitcoin process. Today, news of US GDP had a huge impact on the price of gold and also caused the US financial markets to decline.
THE crypto market is full of risk and opportunity.
This analysis is only my personal opinion. Trade with your experience and knowledge.
sharing your COMMENT with me.
