BTC on the way to 62k (or even more?)

١١ فبراير ٢٠٢١

Hi every one
Bitcoin / U.S. Dollar

if we use the Pitchfork we can see that the BTC/USD couldn't break the middle line of the pitchfork so it is expected that the price would decrease to the bottom line and reach the support level ( shown in the picture)

there is also a regular bearish divergence as well which means that the decreasing of the price is more likely to happen
if it reaches the support level there is a high chance that after that the price would reach 62k$!
if the price reaches 62k or breaks the middle line of the pitchfork right here we can be sure that BTC is going to have a huge pump!


Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad.

Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!

Thank you for seeing idea .
Have a nice day and Good luck.

١١ فبراير ٢٠٢١

ملاحظة

Previous Analysis
BTC on the way to reach 41K again