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Bitcoin / U.S. Dollar
Bitcoin Has been in a Heavy Correction in The past month But There is still hope of BTC! If we Expand our view and Take a Look at Bigger Timeframes like Weekly, we can Come to a Understanding That BTC Is in a Pretty Big Ascending Triangle! This Pattern has not Been Broken Yet by The Price so It Means The Price can Still Range in This Pattern. as you can See The Price still has Room To Decrease to 43k and after that a Pullback Is Expected to happen and once again we shall See BTC near 70k! Next Year will be pretty Good for BTC Because when The Break out happens , The Price Can Increase Up to 110k!!! If we consider The AB=CD movement, we can Come to the Understanding That This Prediction is Pretty Reliable. Since This Analysis Is in a Weekly Timeframe,The said Price is gonna Take a Lot of Time to Reach 110k!!
Summary:
-BTC is in a Pretty Big Ascending Triangle
-Can Reach 43k once again
-when Break out happens,BTC can Reach 110k (Long Term)
-(AB=CD)
🔴This is only an idea and not a financial advise ( NFA )🔴
💎Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad.
Thank you for seeing idea .
Have a nice day and Good luck
Bitcoin / U.S. Dollar
Bitcoin Has been in a Heavy Correction in The past month But There is still hope of BTC! If we Expand our view and Take a Look at Bigger Timeframes like Weekly, we can Come to a Understanding That BTC Is in a Pretty Big Ascending Triangle! This Pattern has not Been Broken Yet by The Price so It Means The Price can Still Range in This Pattern. as you can See The Price still has Room To Decrease to 43k and after that a Pullback Is Expected to happen and once again we shall See BTC near 70k! Next Year will be pretty Good for BTC Because when The Break out happens , The Price Can Increase Up to 110k!!! If we consider The AB=CD movement, we can Come to the Understanding That This Prediction is Pretty Reliable. Since This Analysis Is in a Weekly Timeframe,The said Price is gonna Take a Lot of Time to Reach 110k!!
Summary:
-BTC is in a Pretty Big Ascending Triangle
-Can Reach 43k once again
-when Break out happens,BTC can Reach 110k (Long Term)
-(AB=CD)
🔴This is only an idea and not a financial advise ( NFA )🔴
💎Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad.
Thank you for seeing idea .
Have a nice day and Good luck
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