#BITCOIN ⟶ NEXT GROWTH SCENARIO
**#BITCOIN Analysis Update**
Based on the 1-hour timeframe ⏰
According to the previous analysis (October 23), which I’ll pin below, #BITCOIN confirmed a bullish growth in the weekly timeframe 📈 after a breakout above the bearish channel. As I mentioned in the previous post, after the drop, growth resumed from the top of the bearish channel.
However, the structure before this bullish growth is essential! Considering that we saw a gradual rising movement from the previous low (65,260) compared to the prior drop 🔄, this growth reached the monthly target 1 (69,033.05) and the daily growth target (69,171.32), along with the previous high in the 4-hour timeframe.
Given this, there’s a chance for #BITCOIN to experience another drop before continuing its growth 🚀, potentially moving down to one of the following key support zones:
Support Zone 1: 67,600.41 - 67,758.96
Support Zone 2: 65,596.29 - 65,681.29
After touching one of these support zones, #BITCOIN may halt the drop and start a renewed bullish growth toward the next growth targets 📊.
**Targets**:
Target 1: 69,940.81
Target 2: 71,859.93
Target 3: 74,742.20
⚠️ Important Note: If #BITCOIN closes above 69,280.00 in the 1-hour timeframe, the bullish growth will likely continue without any further drop towards the targets from this point onward.
Based on the 1-hour timeframe ⏰
According to the previous analysis (October 23), which I’ll pin below, #BITCOIN confirmed a bullish growth in the weekly timeframe 📈 after a breakout above the bearish channel. As I mentioned in the previous post, after the drop, growth resumed from the top of the bearish channel.
However, the structure before this bullish growth is essential! Considering that we saw a gradual rising movement from the previous low (65,260) compared to the prior drop 🔄, this growth reached the monthly target 1 (69,033.05) and the daily growth target (69,171.32), along with the previous high in the 4-hour timeframe.
Given this, there’s a chance for #BITCOIN to experience another drop before continuing its growth 🚀, potentially moving down to one of the following key support zones:
Support Zone 1: 67,600.41 - 67,758.96
Support Zone 2: 65,596.29 - 65,681.29
After touching one of these support zones, #BITCOIN may halt the drop and start a renewed bullish growth toward the next growth targets 📊.
**Targets**:
Target 1: 69,940.81
Target 2: 71,859.93
Target 3: 74,742.20
⚠️ Important Note: If #BITCOIN closes above 69,280.00 in the 1-hour timeframe, the bullish growth will likely continue without any further drop towards the targets from this point onward.
Note
Hello, everyone! Did you catch this analysis in time? 😊
Overall, I was bullish and mentioned two scenarios. The second scenario, which was uninterrupted growth without any drop, happened after its condition was confirmed ✅.
I’m sure you saw the results—3% sharp and uninterrupted growth! 📈🔥
Hope you made the most of this plan! 💰🚀
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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.
Publications connexes
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.