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KEY POINT's
21 DAILY MOVING AVERAGE = 6770 if bitcoin breaks under this level it would then act as a resistance to break back above
which would signal the weakening of btc and from there would be looking to see a move down to 6540's to potentially
double bottom which will likely not hold resulting in a panic sell off to SUB 6k range
BITCOIN HALVING = 27 days
WEAKENING BULLISH MOMENTUM
BEARISH WEEKLY CANDLE
BEAR FLAG = visible on the 4 hour time frame
If we do break down i would expect a bounce around the 5800's level with a RELIEF RALLY to follow up to 6100's and then down
from there i believe it is very likely we make a move back down to 5k or even 4k's prior to halving event or after a lot of levels that will be
revisited.
KEY POINT's
21 DAILY MOVING AVERAGE = 6770 if bitcoin breaks under this level it would then act as a resistance to break back above
which would signal the weakening of btc and from there would be looking to see a move down to 6540's to potentially
double bottom which will likely not hold resulting in a panic sell off to SUB 6k range
BITCOIN HALVING = 27 days
WEAKENING BULLISH MOMENTUM
BEARISH WEEKLY CANDLE
BEAR FLAG = visible on the 4 hour time frame
If we do break down i would expect a bounce around the 5800's level with a RELIEF RALLY to follow up to 6100's and then down
from there i believe it is very likely we make a move back down to 5k or even 4k's prior to halving event or after a lot of levels that will be
revisited.
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.
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.