BTCUSDT BTCUSD Hello dear traders. If the price of Bitcoin stays above Bollinger midline, Bitcoin can continue the bullish scenario up to the target of FWB:39K-40K.
In this week, bitcoin price breaks the ascending channel (in yellow).
Overall, in my opinion, as long as the price of Bitcoin does not fall below the red-line support, there is a possibility that it will go higher.
But if the price loses the support, the level of 31,700 to 30,200 will be a strong support for Bitcoin in the bearish scenario.
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Not
Bitcoin is losing momentum. So, either the price goes up, or it starts testing lower levels. The FOMC meeting and other geopolitical factors could affect this week's forecast, and a target of 30,000 is possible.🐱👤✍
Not
After consolidating above the indicated level, Bitcoin went through a bullish scenario. Wait for the next updates. ✌💥
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