Bitcoin(BTC) Price Forecast on Daily Level
Current Position:
BTC is at Support. BTC tried to break the downtrend on daily level but got rejected.We also have a CME gap
Conclusion:
If no bad news emerges in the market then we expect BTC to try break the downtrend again but a good volume would be required.The RSI is indicating a cross over which would prove fruitful.
I would open a long position and take profits at 43500.
BTC is at Support. BTC tried to break the downtrend on daily level but got rejected.We also have a CME gap
Conclusion:
If no bad news emerges in the market then we expect BTC to try break the downtrend again but a good volume would be required.The RSI is indicating a cross over which would prove fruitful.
I would open a long position and take profits at 43500.
Note
By The Grace of Almighty AllahMy predicton has worked out and we closed the target at 43500 with good profits
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.
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.