Fundamentally speaking, whatever goes up must come down, but the question is when. BTC has been proven to the new XAU.
From a technical stand point however, I anticipate BTC to go up higher. Then dropping down dramatically on the macro level. At a micro level, here, in 120, we can note that we're in a corrective state, after completing the final wave 5 of Elliotts Wave.
The correction has retraced past the 61.8 level of wave 5 and has maintained its levels above this.
If we break above the resistance levels (1346.09) we can expect a move up.
However if we break below 1300 its a sell down to 1285.47
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.