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BITCOIN BUY | Potential Upsides | LONGBTC is about to fly soon. Market is moving above supporting area as market has already rejected this low position multiple times. now from this position BTC will go upward and fly. BITCOIN is falling towards a support level which is a pullback support and could bounce from this level to our take profit. We expect a decline in the channel after testing the current level which suggests that the price will continue to rise Hello Traders, here is the full analysis. I think we can soon see more fall from this range! GOOD LUCK! Great BUY opportunity BTC I still did my best and this is the most likely count for me at the moment. ------------------- Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 🤝
COINBASE:BTCUSDLong
by TheGrove
1
BITCOIN CRITICAL LEVEL - Short term possibilitiesChart speaks for itself. Long-term bullish structure is still in play but the bull run is hanging by a thread. Bearish below the long support line, and possible short-term long scenarios pointed out. Currently at a critical point as BTC is at the bottom of both the long-term upward channel (Yellow) and short-term downward channel (Pink) pointed out in the chart above. With the bullish divergences playing out as well, I would say there is more of an edge towards a bullish move for potentially a high reward play but I will recommend to play close attention to the breaking of this trend. If it breaks below and we get a 4hr candle close below the $9k range that would mean the current trend has been broken and would anticipate lower prices levels at that point. Just my opinion on the technicals in front of me, trade safely and good luck.
BITSTAMP:BTCUSD
by thiluxan_s
1