Bitcoin Decision is Here!

20 Eki

Hello, traders!

Today, we’re going to analyze BTC in a weekly timeframe.

In the next 7 hours, BTC will likely confirm a major breakout with a weekly close above the parallel channel resistance. BTC has been attempting to break above this resistance for quite some time, and it looks like the breakout is finally happening.

A weekly close above the resistance will confirm a major bullish scenario for Bitcoin, setting its primary target at the all-time high of 73.7k.

On the daily timeframe, BTC is at a critical resistance, and a daily close above it will provide double confirmation.

We’ll wait for the weekly close and see what BTC has in store.

Trade safely!

21 Eki

İşlem aktif

It’s happening, guys!

I hope this turns out to be a retest on the weekly timeframe.

I’m expecting a rejection, or what could be considered a retest (according to the weekly timeframe), down to 62k.

What do you guys think?

#BTCUSD #Crypto #BTC

29 Eki

Not

Here we go!

BTC is moving as expected. The breakout, retest, and rebound pattern is in play. Two weeks ago, BTC broke above the resistance; last week, it retested, and this week it’s showing a rebound.

Let’s see if BTC can reach an all-time high because, according to our analysis, that’s the target.

Trade safely.