2 scenarios for bitcoin on a daily time frame:
first, it could drop heavily on strong resistance, and in that case, the possibility of reaching 25000$ is hight.
second, it might break through the strong resistance and consolidate above it, in which case the price would move towards 47000$.
chart patterns can always be seen in various ways, and these are my perspectives. i`d be happy to hear your viewpoint as well.
first, it could drop heavily on strong resistance, and in that case, the possibility of reaching 25000$ is hight.
second, it might break through the strong resistance and consolidate above it, in which case the price would move towards 47000$.
chart patterns can always be seen in various ways, and these are my perspectives. i`d be happy to hear your viewpoint as well.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.