BTC Predication: BTC can take 3 moves (Long Term Analysis)
BTC Prediction: BTC can take 3 moves (Long Term Analysis)
1. If BTC breaks 47,200 Resistance then it will move down till 38000 and Trend will become Bearish (This seems quite difficult).
2. If BTC break 47,000 Resistance then it can become more Bullish because of the retracement (This can happen possibly)
3. It will continue its upward trend: 50,000 and then 65,000+ (This seems happening because of signs (New investments: buying BTC, UK BTC services PayPal..))
1. If BTC breaks 47,200 Resistance then it will move down till 38000 and Trend will become Bearish (This seems quite difficult).
2. If BTC break 47,000 Resistance then it can become more Bullish because of the retracement (This can happen possibly)
3. It will continue its upward trend: 50,000 and then 65,000+ (This seems happening because of signs (New investments: buying BTC, UK BTC services PayPal..))