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Welcome to this quick BTC update. BTC is still in a very uncertain situation and trading between the range of $19.5k-$20.5k
According to the chart, BTC is trading inside a descending triangle. So from here, $17.5k or $22k will depend on the breakout or breakdown of this triangle. If BTC breaks below the triangle ($19.5k) then my target is $17k-$18k and if BTC breaks out from this triangle then my target is $22k from here.
Until we did not see any clear move, it's better to stay aside and wait for the breakout or break down.
What do you think about this?
Share your views in the comment section.
If you like this idea then do support it with like and follow.
Thank You!
Welcome to this quick BTC update. BTC is still in a very uncertain situation and trading between the range of $19.5k-$20.5k
According to the chart, BTC is trading inside a descending triangle. So from here, $17.5k or $22k will depend on the breakout or breakdown of this triangle. If BTC breaks below the triangle ($19.5k) then my target is $17k-$18k and if BTC breaks out from this triangle then my target is $22k from here.
Until we did not see any clear move, it's better to stay aside and wait for the breakout or break down.
What do you think about this?
Share your views in the comment section.
If you like this idea then do support it with like and follow.
Thank You!
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