Considering the formation of the corner pattern as well as the inflation control policies of the SEC and the possibility of printing dollars to compensate the debt of 33 trillion dollars of the United States, the possibility of a price increase to 1980 dollars as a quick spike is possible.
According to the formation of an upward angle in the daily frame, as well as the formation of an inverse head and shoulder pattern (QM), as well as the analysis of the economic situation and foreign currency debt of the United States, I predict that the price of gold will rise to the range of 2050 dollars.
head and shoulders pattern was shaped. are we waiting for btc = 0 ?
Statistically, the change in the direction of regression very accurately shows the change in the direction of the market from this week and is ready to start a new movement.
enter here and safe exit about 3.85. tha harmoni pattern was seen.
Apparently five waves of correction have been completed. After completing the three waves, I am waiting for the new direction of the market. Given the status of the indicators, I am probably waiting for another short-term climb at the end of the second correction wave.The 33000 and 29800 support lines are still valid and the upper line of the downtrend channel...
the downtrend was breaked. i hope that great move was begin
Based on the Fibo return levels, the relative strength index and cash flow, Gala seems ready to move upwards again.
Do not rush Bitcoin is still in the downtrend channel. There will be better times for long-term entry. In the daily time frame, the market trend may be positive for a few days. But keep in mind that the overall market trend is currently declining and Bitcoin and the market as a whole are trapped
as we seen from 2 September of 2021 bitcoin and market stacks in downtrend channel and until cant break the high line it cant be bullish. i can see 29800 $ target at first and if remain in this channel se 19800$ unfortunately. enjoy your life more than bearish market