I strongly believe this short-term run will top out around $23,200-25,000 touching the 200-day ema.
If the 50-day ema crosses over the 200-day it is called a DEATH CROSS, my targets haven't changed.
These short-term runs are driven by FOMO and liquidation.
if this does play out it will be the last bearish movement for bitcoin.
--------------------------------TARGETS-----------------------------------------
$16,000
$14,000
$11,000
This is a similar chart from 2018 if you are interested,
cryptopotato.com/what-is-a-death-cross-and-whats-the-relation-to-btc-breaking-down-from-the-6k-area-in-2018/
Thank you for reading :)
If the 50-day ema crosses over the 200-day it is called a DEATH CROSS, my targets haven't changed.
These short-term runs are driven by FOMO and liquidation.
if this does play out it will be the last bearish movement for bitcoin.
--------------------------------TARGETS-----------------------------------------
$16,000
$14,000
$11,000
This is a similar chart from 2018 if you are interested,
cryptopotato.com/what-is-a-death-cross-and-whats-the-relation-to-btc-breaking-down-from-the-6k-area-in-2018/
Thank you for reading :)
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.