bitcoin Technical Analysis
#btc Technical Analysis
Yesterday night #bitcoin price surge almost 8% by the increament in the price of 4k$,
This surge lead the price of the bitcoin to 47k$,
Bitcoin is consolidating below the trend line that is likely to be break.
if this trend line breakout the next resistance will be 48850$, from there Im expecting the price of btc to start down trend.
many people are waiting for bitcoin etf approval, My opinoin over etfs will have more delay, gold spdr etf took almost 19 months to get the approval. and after the approval of gold etf the price increase almost 400%,
Lets asume that the btc etf got approve and imagine that bitcoin have 200% increase in price instead of 400% while btc have more popiularity these days. what would be the next price for bitcsoin? 150k$? 😂😂😂😂
well i don't want make it more longer. but i'll suggest whatever your trading mark.
Yesterday night #bitcoin price surge almost 8% by the increament in the price of 4k$,
This surge lead the price of the bitcoin to 47k$,
Bitcoin is consolidating below the trend line that is likely to be break.
if this trend line breakout the next resistance will be 48850$, from there Im expecting the price of btc to start down trend.
many people are waiting for bitcoin etf approval, My opinoin over etfs will have more delay, gold spdr etf took almost 19 months to get the approval. and after the approval of gold etf the price increase almost 400%,
Lets asume that the btc etf got approve and imagine that bitcoin have 200% increase in price instead of 400% while btc have more popiularity these days. what would be the next price for bitcsoin? 150k$? 😂😂😂😂
well i don't want make it more longer. but i'll suggest whatever your trading mark.
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