In weekly time frame, an inverted wedge settled on the chart.
I think with this type of pattern, we can see fluctuating for couple of weeks between 30000 - 65000 and then toward 20000 or 30000.
In my previous analysis i said BTC after couple of weeks can touch 30000 or 20000.
Now, I can confirm my words because, if traders look at the channel in weekly and monthly time frame, will be understood that after fluctuating, BTC would be in down-trend situation.
Also, Scenario 3 can occur but i think that is very soon for reaching to 120000.
I think with this type of pattern, we can see fluctuating for couple of weeks between 30000 - 65000 and then toward 20000 or 30000.
In my previous analysis i said BTC after couple of weeks can touch 30000 or 20000.
Now, I can confirm my words because, if traders look at the channel in weekly and monthly time frame, will be understood that after fluctuating, BTC would be in down-trend situation.
Also, Scenario 3 can occur but i think that is very soon for reaching to 120000.