Hello Traders! 👋
What are your thoughts on BITCOIN?
Bitcoin is still moving inside an upward channel.
After its strong rally, the price has entered a corrective phase and is now positioned around the midline of the channel.
We expect the correction to extend toward the support zone and the lower boundary of the channel after some short-term fluctuations.
From that area, a potential rebound could trigger the next bullish wave.
If support holds, Bitcoin is likely to resume its upward movement toward the upper boundary of the channel.
As long as the price stays above the key support area, the medium-term outlook remains bullish.
What do you think? Will Bitcoin bounce from the channel bottom and head for the top again?
Don’t forget to like and share your thoughts in the comments! ❤️
What are your thoughts on BITCOIN?
Bitcoin is still moving inside an upward channel.
After its strong rally, the price has entered a corrective phase and is now positioned around the midline of the channel.
We expect the correction to extend toward the support zone and the lower boundary of the channel after some short-term fluctuations.
From that area, a potential rebound could trigger the next bullish wave.
If support holds, Bitcoin is likely to resume its upward movement toward the upper boundary of the channel.
As long as the price stays above the key support area, the medium-term outlook remains bullish.
What do you think? Will Bitcoin bounce from the channel bottom and head for the top again?
Don’t forget to like and share your thoughts in the comments! ❤️
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✅MY FREE FOREX &CRYPTO SIGNALS TELEGRAM CHANNEL:
t.me/+1gFAIO4CJJw3NTU0
✅MY INSTAGRAM:
instagram.com/marketanalaysis
t.me/+1gFAIO4CJJw3NTU0
✅MY INSTAGRAM:
instagram.com/marketanalaysis
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.