Bitcoin / TetherUSShort
Bitcoin Current Update( Still Bearish and Again we can see dump?
#BITCOIN Analysis:-
BTC currently trading at $37800
As Per chart IMO Bitcoin Bottom already did. if hold $32900
After 2 Year RSI hit 20 so this is Bullish.
And Currently RSI is 33
March 2020 RSI goes below 20 and Bitcoin Price was $3782 Low.
After hit RSI below 20 and Bitcoin Below $3800 , Bitcoin Recovered Very fast.
Within 2 Months Bitcoin Hit $10000 after this happened.
Mean almost 100% within 2 months.
Still Need to breakout Yellow Circle and Black TrendLine.
Which is $41500 Resistance level.
So If Break $41500 then I am supper bullish otherwise bearish.
Its Take time to recover Bitcoin Price.
Imo March and April will be Big Month For Cryptocurreny.
In 2020 After break Black Resistance Line Bitcoin Pumped 300%
From $10000 to $42000 ( July 2020-January 2021
Now If happens same this time also then We can see 300% Target from Red Line resistance level $69000
Mean If break $69000 then Target could be $270000
All Analysis is Same from Previous.
BTC currently trading at $37800As Per chart IMO Bitcoin Bottom already did. if hold $32900
After 2 Year RSI hit 20 so this is Bullish.
And Currently RSI is 33
March 2020 RSI goes below 20 and Bitcoin Price was $3782 Low.
After hit RSI below 20 and Bitcoin Below $3800 , Bitcoin Recovered Very fast.
Within 2 Months Bitcoin Hit $10000 after this happened.
Mean almost 100% within 2 months.
Still Need to breakout Yellow Circle and Black TrendLine.
Which is $41500 Resistance level.
So If Break $41500 then I am supper bullish otherwise bearish.
Its Take time to recover Bitcoin Price.
Imo March and April will be Big Month For Cryptocurreny.
In 2020 After break Black Resistance Line Bitcoin Pumped 300%
From $10000 to $42000 ( July 2020-January 2021
Now If happens same this time also then We can see 300% Target from Red Line resistance level $69000
Mean If break $69000 then Target could be $270000
All Analysis is Same from Previous.
Twitter: twitter.com/CryptoPatel
Telegram: t.me/OfficialCryptoPatel
Instagram: instagram.com/cryptopatel?utm_medium=copy_link
Telegram: t.me/OfficialCryptoPatel
Instagram: instagram.com/cryptopatel?utm_medium=copy_link
Twitter: twitter.com/CryptoPatel
Telegram: t.me/OfficialCryptoPatel
Instagram: instagram.com/cryptopatel?utm_medium=copy_link
Telegram: t.me/OfficialCryptoPatel
Instagram: instagram.com/cryptopatel?utm_medium=copy_link
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.