Based on my theory I expect that Bitcoin is ramping-up and getting ready for a rebound.
As there was a strong correlation between Bitcoin and BTC share price in the last weeks, BTC should move higher from the current point.
From a short term perspective prices between 1.20 and 1.50 CAD $ look realistic to me.
Indicators MACD and StochRSI are also well-prepared for a reversal and would support the creation of a new upward channel, based on the current price level.
As there was a strong correlation between Bitcoin and BTC share price in the last weeks, BTC should move higher from the current point.
From a short term perspective prices between 1.20 and 1.50 CAD $ look realistic to me.
Indicators MACD and StochRSI are also well-prepared for a reversal and would support the creation of a new upward channel, based on the current price level.
Trade fechado: objetivo atingido
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Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.
