Believe the chart above is very much self-explanatory
Bitcoin in trapped within a channel and nearing it's apex with an eventual price target of at least 30-27k which coincides with our horizontal support & area of interest and could also play out as a triple bottom which i think is more likely tbh.
Should we fail to hold that then 24.7k could be a possible reversal zone.
Worst case scenario 20k for 1 Bitcoin.
No I dont see bitcoin going below 20k and doesn't seem logical to me.
If you agree leave a like and share your thoughts and ideas in the comments.
Bitcoin in trapped within a channel and nearing it's apex with an eventual price target of at least 30-27k which coincides with our horizontal support & area of interest and could also play out as a triple bottom which i think is more likely tbh.
Should we fail to hold that then 24.7k could be a possible reversal zone.
Worst case scenario 20k for 1 Bitcoin.
No I dont see bitcoin going below 20k and doesn't seem logical to me.
If you agree leave a like and share your thoughts and ideas in the comments.
Trade attivo
Unless ofc you think we're going to 11k coz i just don't see that happening at all.But I'm willing to listen to a solid thesis/argument on getting to those prices🙂
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