After breakout from falling wedge, possible a bull run will happen this comming weeks
It can reach $4.6 for the 1st targrt and can record for an all time high at $6.5- $12
Not a financial advise
Trade at your own risk
After experiencing a minor drop to 43k, most of thr alts shake and drop that cost panic to other traders.
If market continues to drop, a possible correction to 39k will occur.
Since we are still in uptrend there is alsona chance to be back in 52. Possible will continue to 54k
Not a financial advise
Trade at you own risk
Sharing my BTC analysis.
As you notice there is a hidden bearish on rsi. Poosibel 44-45k correction if btc fail to break 54k resistance.
If uptrend will continue and break 54k, there is a possibility will be back to 58k and another retest on 50k area
Hi just want to share my analysis about btc.
A hidden bearish divergence in RSI. Possible dip around 40-43k but after that i am hoping the 50k resistance will be hit.
As you notice, a confirmation price around 0.045 that form a rising wedge and a breakout from descending triangle(2 solid red line).
If rising wedge breakout will go down, a possible support around 0.032-0.037.
But if breakout will go up, we will see a 0.045-0.048 resistance and a chance to hit also the strong resistance 0.058
Btc manage to end the week with a good sign. Manage to peak at around 58k and closed at around 56k.
Hoping that bull run will continue
Not financial advice
Tyor dyor
Since btc had a bounce from 48k-56k previous days. A retest ranging from 53-55k will happen (ongoing).
If btc manage to hit 58k next week there is also a chance we will see again 47k support
If price will bounce to 56-58k until tomorrow chance to hit new ath @ 70-74k. But rsi should atleast climb to 40-45 to see a hidden bullish divergence.
If not and continue to stay to 54-55k. Price might short to 43-45k
