Bitcoin Bull Market Target And Bottom Analysis
Bitcoin Weekly Chart Analysis
Current Status: Expansion Block
#BTC is currently navigating within the expansion block, and signs point to a potential rejection around the $47,000-$48,000 range.
Red Box: Correction Block
Anticipating a correction phase, with a possible retracement to $31,000 if Bitcoin faces rejection at the $48,000 level.
Retracement Scenario: Opportunity Beckons
Following this retracement, we brace ourselves for the next bull run. This dip could present excellent buying opportunities for astute investors.
Next Bull Run Projection: Green Box
Envisioning a bullish zone in the green box, with expectations reaching around $150,000 in the next significant uptrend.
Key Levels:
Support: $31,300
Resistance: $47,000-$48,000
Current Status: Expansion Block
#BTC is currently navigating within the expansion block, and signs point to a potential rejection around the $47,000-$48,000 range.
Red Box: Correction Block
Anticipating a correction phase, with a possible retracement to $31,000 if Bitcoin faces rejection at the $48,000 level.
Retracement Scenario: Opportunity Beckons
Following this retracement, we brace ourselves for the next bull run. This dip could present excellent buying opportunities for astute investors.
Next Bull Run Projection: Green Box
Envisioning a bullish zone in the green box, with expectations reaching around $150,000 in the next significant uptrend.
Key Levels:
Support: $31,300
Resistance: $47,000-$48,000
Twitter: twitter.com/CryptoPatel
Telegram: t.me/OfficialCryptoPatel
Instagram: instagram.com/cryptopatel?utm_medium=copy_link
Telegram: t.me/OfficialCryptoPatel
Instagram: instagram.com/cryptopatel?utm_medium=copy_link
Pernyataan Penyangkalan
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.