BTC will breakout the $44,500 resistance this time!
As you can see, Bitcoin is moving in a strong uptrend channel in the 4H time frame since 14 March, So this time I expect to see a breakout of $44,500 resistance.
Bitcoin's bulls are so strong at the moment BUT before any breakout of mentioned resistance, A correction will happen.
This correction can last up to $43,000 area, After that, and when the price was located at the bottom of the channel, I expect to see a breakout of short-term descending trendline and after that, a breakout of $44,500 resistance.
Feel free to write your comments here, I'll answer all of them.
Bitcoin's bulls are so strong at the moment BUT before any breakout of mentioned resistance, A correction will happen.
This correction can last up to $43,000 area, After that, and when the price was located at the bottom of the channel, I expect to see a breakout of short-term descending trendline and after that, a breakout of $44,500 resistance.
Feel free to write your comments here, I'll answer all of them.
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