BITCOIN: Analysis and Forecast
Having reached an all -time high of $108,300. Bitcoin has been undergoing a strong technical correction. It indicates that the crypto could could continue its technical correction in the next few days and reach $95,799 where the 200 EMA is located.
In case Bitcoin wants to recover part of the losses, we could expect a pullback to occur at +1/8 Murray located at 106,250. We must pay attention to this level, since below, we could expect the bearish cycle to resume and Bitcoin could fall with targets at the psychological level of $100,000 and even reach 7/8 Murray at 93,750.
On the contrary, with consolidation above 106,500 on the H4 chart, Bitcoin could accelerate its rise and reach +2/8 Murray at $112,500.
Happy Trading!
In case Bitcoin wants to recover part of the losses, we could expect a pullback to occur at +1/8 Murray located at 106,250. We must pay attention to this level, since below, we could expect the bearish cycle to resume and Bitcoin could fall with targets at the psychological level of $100,000 and even reach 7/8 Murray at 93,750.
On the contrary, with consolidation above 106,500 on the H4 chart, Bitcoin could accelerate its rise and reach +2/8 Murray at $112,500.
Happy Trading!
Transaction en cours
The target reachedNote
BITCOIN Done A great Job, as I expected
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t.me/FxMr_Signal
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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.
DAILY FREE SIGNAL.
FREE SIGNAL (95% accuracy ) TP AND SL PROVIDED
Public Telegram Channel
t.me/tradeaction0
VIP Telegram Channel
t.me/FxMr_Signal
FREE SIGNAL (95% accuracy ) TP AND SL PROVIDED
Public Telegram Channel
t.me/tradeaction0
VIP Telegram Channel
t.me/FxMr_Signal
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.