HI TRADERS
Bitcoin
We have one monthly pivot at $ 28,805.
The above pivot has an F.T.C range, which is drawn a little closer to the pivot point.
above range F.T.C = 33000
Floor range F.T.C = 30981
Because we have a downward trend in the mid term, we are more likely to say that Bitcoin wants to reach the monthly FTC time frame. That means up to $ 33,000. But exactly where it's depends on your risk.
Bitcoin
We have one monthly pivot at $ 28,805.
The above pivot has an F.T.C range, which is drawn a little closer to the pivot point.
above range F.T.C = 33000
Floor range F.T.C = 30981
Because we have a downward trend in the mid term, we are more likely to say that Bitcoin wants to reach the monthly FTC time frame. That means up to $ 33,000. But exactly where it's depends on your risk.
I UPDATE MY ANALYSIS
AS we expected bitcoin touch my above range F.T.C =33000 With a difference of $ 80 reach to 32917$
now
Based on my own analysis and trading setup in the time frame we are in, i expected bitcoin reach to effictive swing =50500
if the price can ingulf my effictive swing =52088 , in the another trade For us mentality to buy setup price can to reach another effictive swing =65000$