BTC WEEKLY UPDATE
BTC / USD
Here is my view on BTC for next few weeks
On the chart we can see last weekly candle closing not looking good ..And closed below 50W MA
Scenario 1: fast dump (wick) around recent low and pump hard after (big green candle)
For bulls they need to move and the next candle should be like a bullish engulfment candle
Scenario 2: in case bulls don’t produce any bullish action soon the price might visit 30k or even 20k in mid term
Don’t forget to like this idea and share in comments what do you think about BTC in next few weeks
Here is my view on BTC for next few weeks
On the chart we can see last weekly candle closing not looking good ..And closed below 50W MA
Scenario 1: fast dump (wick) around recent low and pump hard after (big green candle)
For bulls they need to move and the next candle should be like a bullish engulfment candle
Scenario 2: in case bulls don’t produce any bullish action soon the price might visit 30k or even 20k in mid term
Don’t forget to like this idea and share in comments what do you think about BTC in next few weeks
📈Telegram channel: t.me/bitcoin_masters
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💎For Premium Signals Group ask me here: t.me/Babenski
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