Two scenarios for Bitcoin, will Bitcoin ATH?
The last scenario I had for Bitcoin reached Target.
Now the price is involved in a strong resistance zone, and there is a possibility of breaking this price zone. If you see a sell confirmation in the 1-hour timeframe, you can think about the short position.
Scenario 1 is that Bitcoin reaches the price zone of 68,250 to 70,000 thousand dollars, after that we see weakness in the upward trend and enter a sell position after receiving confirmation in the 1-hour time frame.
Scenario 2 is that Bitcoin breaks the price zone of 68,250-70,000 dollars and stabilizes above it and tries to break the last price ceiling and register a new ATH.
Now the price is involved in a strong resistance zone, and there is a possibility of breaking this price zone. If you see a sell confirmation in the 1-hour timeframe, you can think about the short position.
Scenario 1 is that Bitcoin reaches the price zone of 68,250 to 70,000 thousand dollars, after that we see weakness in the upward trend and enter a sell position after receiving confirmation in the 1-hour time frame.
Scenario 2 is that Bitcoin breaks the price zone of 68,250-70,000 dollars and stabilizes above it and tries to break the last price ceiling and register a new ATH.
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