After bitcoin failed to break the 42000$ price market after continuing its record-breaking run, it faced a correction to the 30420 $ price level.
Then again, with a price increase of up to 36000$ , it faces Moving Average 50 and 0.618 Fibo resistances and is forming a shoulder and peak pattern.
If this pattern is completed, there is a possibility that the price will fall to the
TP1 : 29000
TP2 : 24000
TP3 : 18000 channel.
#BTC
#USDT
Then again, with a price increase of up to 36000$ , it faces Moving Average 50 and 0.618 Fibo resistances and is forming a shoulder and peak pattern.
If this pattern is completed, there is a possibility that the price will fall to the
TP1 : 29000
TP2 : 24000
TP3 : 18000 channel.
#BTC
#USDT