Hello everyone,
Since last week, I have been waiting for the price of bitcoin to cross the 48,000.
Looking at the market cap and fundamental analysis of my colleagues. The cryptocurrency market is in a relatively good position. And at least today we will not have a price correction.
My technical analysis shows that strong waves support the market and if something unexpected does not happen, they can increase the price of bitcoin.
In my chart, there are 2 important points in the chart (points 1 and 4)
These two points will determine the totality of the route. If the chart enters the blue range, it will form a trading range within it. Moving within the range, it could probably be as close as $ 50,000.
But we have to be careful, it is possible to correct the price after $ 50,000.
I will publish the continuation of the process in updates.
Disclaimer: trade base on your own decision.
Best regards,
Ali Crypto