BTC…whats coming next ?
BTC / USDT
BTC is seeing a significant surge in price by more than 13k since my last analysis! (see in the attachment below)
⚜️CHART ANALYSIS:
We can see BTC is moving in a massive ascending channel since 3 years !
The middle-line of channel acted as important S/R key level its also equates the 0.618 fibo level thats why after breaking out this level with strong volume 2 weeks ago, I published my last bullish idea about BTC is targeting 100k !
⚜️So whats coming next here :
According to my view,Iam bullish and The possible scenarios are:
1- Break ATH first, pullback and continuation toward near 100k
2- Pullback first toward the middle line of channel and then breakout ATH
I tried to simplify my view as much as i can
Whats ur opinion and thoughts? and what scenario has higher chance for you ?
Don't forget to support this analysis and follow for more ideas, setups and analysis
Best of wishes.
BTC is seeing a significant surge in price by more than 13k since my last analysis! (see in the attachment below)
⚜️CHART ANALYSIS:
We can see BTC is moving in a massive ascending channel since 3 years !
The middle-line of channel acted as important S/R key level its also equates the 0.618 fibo level thats why after breaking out this level with strong volume 2 weeks ago, I published my last bullish idea about BTC is targeting 100k !
⚜️So whats coming next here :
According to my view,Iam bullish and The possible scenarios are:
1- Break ATH first, pullback and continuation toward near 100k
2- Pullback first toward the middle line of channel and then breakout ATH
I tried to simplify my view as much as i can
Whats ur opinion and thoughts? and what scenario has higher chance for you ?
Don't forget to support this analysis and follow for more ideas, setups and analysis
Best of wishes.
Note
Scenario 1 VS scenario 2 Which one will take place ?
Note
BTC just crossed 65k ✔️✍️✍️Note
In 2020-2021 bullrunBTC did flash crash around its previous ATH but it absorbed fast and continued going higher after few days
Can we see something similar here ?
Note
BTC is printed a new ATH today ✅
📈Telegram channel: t.me/bitcoin_masters
💎For Premium Signals Group ask me here: t.me/Babenski
💎For Premium Signals Group ask me here: t.me/Babenski
Related publications
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.
📈Telegram channel: t.me/bitcoin_masters
💎For Premium Signals Group ask me here: t.me/Babenski
💎For Premium Signals Group ask me here: t.me/Babenski
Related publications
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.