Btc projections
-NOT FINANCIAL ADVICE- also this is my first time posting so the draft might be a bit amateur. let's start-
The current trend should continue for the next 7-10 days barring a major Sell-off, hence we should testing the 58k fib level within August. There could be some sideways action at that level. Then 2 things could happen:-
Bullish projection- All time high around 80k to 100k would be reached by year end with around 65% correction following.
Bearish projection- BTC reaches 56k in august then falls sharply and tests the 200 week moving average/ around 20k.
This is all pure speculation and my personal analysis, this should not be taken as financial advice.
The current trend should continue for the next 7-10 days barring a major Sell-off, hence we should testing the 58k fib level within August. There could be some sideways action at that level. Then 2 things could happen:-
Bullish projection- All time high around 80k to 100k would be reached by year end with around 65% correction following.
Bearish projection- BTC reaches 56k in august then falls sharply and tests the 200 week moving average/ around 20k.
This is all pure speculation and my personal analysis, this should not be taken as financial advice.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.