Does Bitcoin has another change to pass these areas?
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Hello everyone, today we are going to talk about #BTC and it's key level at $47500
over the pas weeks bitcoin start pushing it's price to +$38000 but it failed again and again. after that the price even gets to the $32000 channel!
as you know the market indices same as S&P and NASDAQ start getting rise again bitcoin is following them as well!
for now we think the prices could get higher in the short time, but please put your eye on 47500 key resistance level! the price could fail to break this key level again and drop to the lower channels, but if bitcoin breaks this levels we expect that price goes to the higher levels same as +49000!
over the pas weeks bitcoin start pushing it's price to +$38000 but it failed again and again. after that the price even gets to the $32000 channel!
as you know the market indices same as S&P and NASDAQ start getting rise again bitcoin is following them as well!
for now we think the prices could get higher in the short time, but please put your eye on 47500 key resistance level! the price could fail to break this key level again and drop to the lower channels, but if bitcoin breaks this levels we expect that price goes to the higher levels same as +49000!
Note
price broke 43700$ level and the bullish idea is still on!we have to wait for the next target at $45000
the next key level is $47500
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As I said the key resistance level took the price down (Hammer symbol)now we can expect lower targets for bitcoin
42500 and 41200 are the main supports for bitcoin now!
Note
mignaly.comNote
as it happed we saw multiple rejections on this area . i think bitcoin is now getting ready to breake this key resistance level!
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