Bitcoin yesterday also dropped below the $40,000 price point. It is currently in a correction and trying to approach the $42,500 resistance, it tries to mount to the 43,500 - 44,250 levels. #BTC might return above the $43,500 and $44,250 resistance ranges. . The price is starting to trend up. price is still needed for a rally to $43,000 So far, the 50% Fibonacci...
BTC/USD 1D, last retest is coming that I talked about earlier. Price moves on low volume should be observed and should confirm that the upcoming move will reverse upwards as fewer transactions agree on price. I think we will only reach $30,000-31,000 in the parallel channel forecast from the last top and bottom. RSI should also confirm higher lows as bearish...
this is a mathematical summation of the gann formula that might have been enough to run up for a short pullback
btc the situation has not changed, it is still according to previous updates, you can refer to the dashed or red line this is just a personal opinion, not meant to buy or sell or recommend
I see it seems to be breaking out of the channel, I would advise to wait patiently for confirmation to see the marks on my chart before considering buying it.
It looks like a LD so will be looking to buy again round $150
In order to have a multi-dimensional view for a future of the cryptocurrency market, I do not rule out this possibility, in this cryptocurrency market I see a lot of crazy problems that I have to accept. What do you think if bitcoin goes down what should you do?