BitcoinUpdated BTC/USD Outlook in Weekly TF #cryptocurrency #nft #blockchain
Bitcoin price is struggling at a major trend line support which hasn't been broken in entire history.
If it breaks from here..we'll see a stright fall to 20k - 12k zone.
In the other hand if it bounces from here as earlier we'll see probably a new ATH.
Considering current market situation, i don't think it will go up this year,
Times are very decisive.
If it breaks from here..we'll see a stright fall to 20k - 12k zone.
In the other hand if it bounces from here as earlier we'll see probably a new ATH.
Considering current market situation, i don't think it will go up this year,
Times are very decisive.
Note
BTC Short @ 35000 is still on & holding it till 19k.A lot of negative news yet to hit the market imo.
FED Interest rates may further be increased in coming months.
As i said earlier, if the major support trend line breaks it'll fall hard & it happened.
23370 $ is just a temporary bounce imo because of Weekly MA 200 level
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