Search
Products
Community
Markets
News
Brokers
More
IN
Black Friday sale
Up to 70% OFF
Community
/
Ideas
/
Will BTC hit 40k soon ?
Bitcoin / TetherUS
Long
Will BTC hit 40k soon ?
By Babenski
Follow
Follow
Updated
May 31, 2023
1
8
9
62
62
May 30, 2023
BTC / USD
–Bitcoin bounced off from 25800$ in support with the parabolic curve i shared in my previous idea check here :
– We can also notice a bullish MACD cross over in daily chart, This is usually a good bullish signal for BTC
Just check last previous MACD crossover in march 2023 and November 2022 both followed by 40%-50% Bullish wave for BTC and all market
Based on the above my targets remains 36k-40k
Invalidation: lose 25k
Do you agree ? Yes or no
Share your opinion in comments section and don’t forget to support by likes (rockets) for more setups
May 31, 2023
Note
In small time frames we can see a falling wedge
For bulls side , we need upward breakout of the pattern
Bitcoin (Cryptocurrency)
bitcoinprediction
bitcoinprice
btctrade
btcupdate
BTCUSD
btcusdanalysis
BTCUSDC
BTCUSDT
Chart Patterns
Fundamental Analysis
Trend Analysis
Babenski
Follow
📈Telegram channel:
t.me/bitcoin_masters
💎For Premium Signals Group ask me here:
t.me/Babenski
Also on:
Related publications
BTC correction starts .. When to expect bounce?
by Babenski
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
.