What if BTC hold above 48k weekly
Updated
BTC / USD
–The previous weekly resistance between 51k-48k turned as support now and BTC has a potential cup and handle similar to other altcoins we shared recently (ONE / OMG / XTZ..etc)
The intial target for this pattern should be between 70k-80k or even higher
What can help BTC to achieve this target is BTC dominance is breaking out to upside too
Note 1:This Pattern is active as long as BTC didn't close weekly below 48k
Note 2: We believe that market makers don't give the chance to buy or sell when all wait special level or special price (like 50k -48k) you must be faster than majority in top and in bottom..so if price returned to 48k the chance for further drop is high more than you expected
Note 3: if you are scalper.. take care these days while trading altcoins because strong volatility can happen ..Wait for dominance to reach resistance and BTC to be stable for more safe trades
👉 This idea subjected to success or fail
Always DYOR
Read below my idea about 2013 vs 2021 fractals
–The previous weekly resistance between 51k-48k turned as support now and BTC has a potential cup and handle similar to other altcoins we shared recently (ONE / OMG / XTZ..etc)
The intial target for this pattern should be between 70k-80k or even higher
What can help BTC to achieve this target is BTC dominance is breaking out to upside too
Note 1:This Pattern is active as long as BTC didn't close weekly below 48k
Note 2: We believe that market makers don't give the chance to buy or sell when all wait special level or special price (like 50k -48k) you must be faster than majority in top and in bottom..so if price returned to 48k the chance for further drop is high more than you expected
Note 3: if you are scalper.. take care these days while trading altcoins because strong volatility can happen ..Wait for dominance to reach resistance and BTC to be stable for more safe trades
👉 This idea subjected to success or fail
Always DYOR
Read below my idea about 2013 vs 2021 fractals
Note
🪙 BTC 2013 VS 2021 FRACTALS : 🪙
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