Today, I would like to see the market price of BTC toward the end of the year on a weekly basis.
First of all, it is now in a state of triangular holding starting from July 2020, and there is no medium-term trend. Looking at this week's candlestick, it has a shape called a pin bar with a large upper beard and a small body part, suggesting a temporary adjustment.
The author expects BTC to be around $ 13,000 at the end of the year, which is a prerequisite for this cross-shareholding.
The strength of the uptrend, the firmness of the line, and the positive factors such as large companies increasing their investment in BTC have helped. I expect long to win.
But the scariest thing is $ 12,000. Whether or not we can get out of this price range is more important than whether or not we can get out of the current triangular cross-shareholding. I think it will be the key.
It is expected that a clear trend will emerge toward the end of the year. So that you don't rush and jump on the market.
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.