Bitcoin (BTC/USD) - Potential Morning Star Candle Pattern Weekly

219
Bitcoin (BTC/USD) has been in an uptrend for over one year, 2023 to 2024, and is currently testing all-time high prices.


A potential Morning Star candlestick pattern (bearish) is forming on the weekly Bitcoin chart.

Bitcoin price may fall in the short-term leading up to the Halving Event in April 2024.


To continue an Uptrend in 2024: Bitcoin needs to breakout and rally above $75000, $80000, $90000.

If not, a pullback is possible for Bitcoin price, and the price could fall down to $60000, $50000, $40000.


Upcoming USA Stock Market Earnings, FOMC Federal Reserve Interest Rate Cuts, and Global Fundamental Catalysts could also affect Bitcoin and cryptocurrency sector volatility.

免責事項

これらの情報および投稿は、TradingViewが提供または承認する金融、投資、取引、またはその他の種類の助言もしくは推奨であることを意図したものではなく、またこれらに該当するものでもありません。詳細は利用規約をご覧ください。