Its another draw just to study. Price will stay between top and bottom of the channel, until lost it
If the FOMO enters, we can go to the last fibonacci retracement very quickly. Remember that Bitcoin stretched the rope a lot to the downside, a very violent rebound movement would be natural, it ocurr before several times in the Btc history (and did few got it). This study has very low chances of being correct, but if it is, are you prepared? I did enters between...
If it happen an exorbitant rise in prices should be unleashed by the one important geopolitic event. A huge liquidity supply probably will enter bellow the top resistance, around U$750k (white arrow line, top of historic channel). And it depending of what will be the geopolitic event prices can till scape from the white channel, reaching in indicate green arrow,...
Do you think which of the two options is the most likely ? Be prepared, its can happen.
Eminent climbing, go Bitcoin, go.
Bitcoin can reach between $ 660,000 and $ 1.8 million, and is likely to have an epic drop. My guess is that the drop will come due to a coordinated global regulatory tightening as the attempt to smother bitcoin .
Possible top price in Banco Inter, exit confirmed for doji breakout, volume above average and RSI in 87 points. Buy zone around R$80/R$82.
Possible new parabolic upward movement, target U$ 190k mid-April
Hipotetical last exponential wave in short term. Final target U$190k
If it fall, pay attention in yellow zone
If it falls below the last bottom of the 4h, this analysis will be invalidated. analysis not yet confirmed, confirms only if the 4h pivot breaks. Target U$57k
If the price show suport in white trend line I will buy with +30% gain target
I believe the upward movement will accelerate. If that happens, I believe it will have that aspect. Final target near by U$82k (revised target)
I believe the upward movement will accelerate. If that happens, I believe it will have that aspect. Final target near by U$88k
Possible end of short term correction. If do it, I buy it
Possible next parabolic upward movement, pay attention in purple line, optimal risk x return ratio forward