BTC ---> long term perspective

1 Jul 2023

hello guys

as you can see at the bottom of the chart I pointed out that the price touched the flip area, I mean:



after that btc engulfed the last high and formed a QM pattern, therefor the trend changed from bearish to bullish!!!

after that formed an ascending channel and keep it!!

I believe the uptrend movement and long position because of the power of pivot that I pointed out by the yellow circle in the previous chart!

but the question is from where the price is going to start to go uptrend?!

There are two options as I've shown a light and dark gray arrow!

• The first target is $33600
  
  
• The second target is 40k
  

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always do your research.

If you have any questions, you can write them in the comments below, and I will answer them.

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8 Agu 2023

Trade aktif

long position active