The Bitcoin has had an amazing run over the past year, but how much longer is it going to last? After the recent correction, we believe that this cryptocurrency is going to bounce back to prices of around $61037.60 before starting another corrective movement. This correction should reach all the way down between $37456.10 - $43899.80. From here, great entries on the long side are possible. However, in case the Bitcoin price rises above $64829, we expect another bullish run to set in.
Where is it going to go?
Where is it going to go?
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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.