$BTC
BTC on a micro timeframe is about to breakdown with the next target of around $73.000, And if that ocured there is a two side of a coin always.
1. It could possibly doing a minor retracement following a retest of the neckline on a bigger timeframe there is a cup and handle pattern, if the BTC rebound very strong and rejecting the downside around 73.000 there is a strong possibility of uptrend with the next target around 129.000
2.It could possibly consolidated around 70-100k waiting for the next catalyst for it to move up or down, but i would suggest the breakdown of this pattern is slightly worrying if it happen it would likely doing a major correction phase after a bull phase on these few years !
If you wanted to ask for some types of technical analysis, chat me and donate to the tipjar would likely help you ! Cheers
1. It could possibly doing a minor retracement following a retest of the neckline on a bigger timeframe there is a cup and handle pattern, if the BTC rebound very strong and rejecting the downside around 73.000 there is a strong possibility of uptrend with the next target around 129.000
2.It could possibly consolidated around 70-100k waiting for the next catalyst for it to move up or down, but i would suggest the breakdown of this pattern is slightly worrying if it happen it would likely doing a major correction phase after a bull phase on these few years !
If you wanted to ask for some types of technical analysis, chat me and donate to the tipjar would likely help you ! Cheers
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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.