Price has formed a double bottom and finally started to produce higher highs. I'd expect at least another new high to be established, testing 8k area. If that price get broken BTC/USD should rise futher.
Next key price area is 9.5k and final target is 10.3k.
Potentially BTC could start risign from this point onwards, although there could be some consolidation, where price will attemp to break below 7k support.
Watch 7k closely as break and close below, would invalidate this forecast.
Next key price area is 9.5k and final target is 10.3k.
Potentially BTC could start risign from this point onwards, although there could be some consolidation, where price will attemp to break below 7k support.
Watch 7k closely as break and close below, would invalidate this forecast.
Order cancelled
It looks like BTC will go futher downNote
<deleted>Note
Note
Trade active
Trade closed: target reached
FINAL TARGET REACHED!
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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.