BTC / USD
Bitcoin (BTC) followed my previous analysis on October 30th, dropping from $110,000 to its current price of $96,000. check here
What's Next?
Take a Look at the weekly chart:
Bitcoin is currently at a "do or die" support level (trend line + 50-week moving average).
This moving average has been a turning point in previous cycles.
If the price breaks below this level, it will confirm a mid-term bear trend with minimal target around 74k so keep an eye on this chart.
Bitcoin (BTC) followed my previous analysis on October 30th, dropping from $110,000 to its current price of $96,000. check here
What's Next?
Take a Look at the weekly chart:
Bitcoin is currently at a "do or die" support level (trend line + 50-week moving average).
This moving average has been a turning point in previous cycles.
If the price breaks below this level, it will confirm a mid-term bear trend with minimal target around 74k so keep an eye on this chart.
Transaction en cours
All eyes on current level .. Price action here will determine the market's path in the medium termNote
BTC lost another 10k since sharing this idea and price just hit 86k todayNote
BTC hits 75k 💪🔷 Telegram channel: t.me/bitcoin_masters
💸☎️ For Premium Signals Group ask me here: t.me/Babenski
💸☎️ For Premium Signals Group ask me here: t.me/Babenski
Publications connexes
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
🔷 Telegram channel: t.me/bitcoin_masters
💸☎️ For Premium Signals Group ask me here: t.me/Babenski
💸☎️ For Premium Signals Group ask me here: t.me/Babenski
Publications connexes
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
