BTC TO 164K IF...?
#BTCUSDT Weekly Chart Analysis:
Based on the analysis of the BTCUSDT weekly chart, it has been observed that whenever the price reached the mentioned "ring" level in the past, a significant decline occurred. However, it is worth noting that the current price seems to be finding support at the ring level. If a proper breakout occurs, there is a potential for the price to reach the next ring level at 164k.
Based on the analysis of the BTCUSDT weekly chart, it has been observed that whenever the price reached the mentioned "ring" level in the past, a significant decline occurred. However, it is worth noting that the current price seems to be finding support at the ring level. If a proper breakout occurs, there is a potential for the price to reach the next ring level at 164k.
Note
As you see we heading toward our next resistance around 49.5k
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.