Bitcoin / TetherUSUpdated My wish came true + what is next?
Hello traders,
According to yesterday's analysis, Bitcoin was able to break the downtrend. (Red arrow and point "A")
At a time when many believed that the price of bitcoin would go down to $ 38,000.
*
Main Scenario:
If Bitcoin can cross the $ 48,700 range (red range), our desire to reach the $ 52,000 price will be met.
But this will not happen easily. We will have price corrections. (Yellow arrow)
**
The second scenario is a fall in prices. We have good resistance in the range of $ 45,000 and $ 41,500. Which will help to raise the price of bitcoin again.
October will be a lucrative month. Especially late in the month,
***
It will be great when you support me with a like, follow and comment for more upcoming market analysis.
Good luck everyone,
Alchemist
According to yesterday's analysis, Bitcoin was able to break the downtrend. (Red arrow and point "A")
At a time when many believed that the price of bitcoin would go down to $ 38,000.
*
Main Scenario:
If Bitcoin can cross the $ 48,700 range (red range), our desire to reach the $ 52,000 price will be met.
But this will not happen easily. We will have price corrections. (Yellow arrow)
**
The second scenario is a fall in prices. We have good resistance in the range of $ 45,000 and $ 41,500. Which will help to raise the price of bitcoin again.
October will be a lucrative month. Especially late in the month,
***
It will be great when you support me with a like, follow and comment for more upcoming market analysis.
Good luck everyone,
Alchemist
Note
According to the analysis. The price of Bitcoin at point B crossed the $ 49,000 mark
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.