We are still expecting lower prices for Bitcoin as we are approaching the blue trading zone. Within that area, the price should recover and push for a bullish run. However, it should not drop below $16400. If the price increases and crosses the resistance line at $42300 (30% probability), we should see new all-time highs much earlier.
Have a great weekend!
Have a great weekend!
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📊 Free daily market insights combining macro + Elliott Wave analysis
🚀 Spot trends early with momentum, sentiment & price structure
🌐 Join thousands trading smarter - full free analyses at dailymarketupdate.com
🚀 Spot trends early with momentum, sentiment & price structure
🌐 Join thousands trading smarter - full free analyses at dailymarketupdate.com
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.