Dear friends,
This are a long term update for Bitcoin and not a day trade update, as the most updates of me.
Expecting that at long term 44K are a possible target for Bitcoin. Since 27 Jan , we had a great increase trend until 58k+, and it looks we will build a new breakdown point.
Nobody will know exactly how the price will be effect next time, but depending on chart study we can expect and depending on TA that we can have a around idea what can happend, we should think as the big invastors, and learn some skills to see some markets nuggets.
Its possible that 58k, are the new start for new recovery market into BTC to 44K or below.
Long term looking for 44K as target.
Its possible that bitcoin will not hit 44K, and that will breakout the 58k?
Yes sure this case are also possible. to know more about the markets , we should check the same day the markets. thats why i add here that this are an expecting, and depending on Logic Trending TA.
Why is this target 44K possible
Depending on trend study we find that the 44K line are very important. this can make some big invastors let the line confirmation come before they enter.
we have seen this before also more times at history when some price targets hits the Algoritmes of invastors automaticly selling.
# its a long term idea for BTC - 44K - Depending on TA - Study Trend - Coffee time
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Discipline are the key to success