We have analyzed BTC in a two different time frame, One is Weekly and another one is Daily
Weekly Time Frame : In a weekly time frame , BTC is trading in a Lower High and Lower Structure , Using the Lower High and Lower Low concept we can expect the price of BTC may reach the $ 29770 .
Daily Time Frame : In a daily time frame, price of BTC is trading in a Ascending Channel Pattern, If the pattern continues, the price of BTC might reach the next resistance level of $32000 . If trend reverses then the price of BTC may fall to $22150
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.