Bitcoin price analysis

Bitcoin incredible upside price rally went up to  42,000 and didn’t manage to cross this level
the question now is whether this Bull Run will continue vertically, as it did in the past few months, or whether a short-term correction should be expected.
Trend level is a critical level if this upside price trend is going to continue.
I think such a wild ascent indicates a stage of disconnection, and at such stages, one tends to see sharp movements in both directions,
What’s more, last time it happened, the price tripled and went into repair
Is this time too?
short term resistance  stay in 36,000-39,000 $
short term support stay in 21,000$

* The first sign for the move will come when the two bands will meet (yellow& purple ) *

in 10.1 I post:  The resemblance continues whether the big correction in Bitcoin is before us

bitcoin price
bitcoin technical analysis

What does it mean:  in my opinion, we will see a correction to close the gap

btc/usd news
bitcoin analysis

This review does not include any document and/or file attached to it as advice or recommendation to buy/sell securities and/or other advice

Leave a comment