So on the weekly chart we have a black trendline that one is taken from the tops of april 2021 and Nov 2021. If btc can cros that trendline around 95500 and use it like a support, there's nothing in the way to reach the red trendline. The red trendline was a support line what was broken and after it became a resistance, Now again? IF the target 95500 is the top, and btc is going into a bear market (i know it sounds unbelievable, but still consider it), than we have 2 bleu support trendlines 1st one is a copy taken from the black trendline, so it will become an uptrend channel. the channel bottom was around the 15300.And it's depending when and where btc will hit that trendline ( i have mark it with 20397) 2nd bleu support line IF that 1st bleu line is crossed then and only then will that lowest bleu support line probably becoming a support or called it the bottom That lowest bleu support line is taken from the low of dec 18 and the coronalow at 2020. Can see a bearish divergence on the weekly BUT on the monthly it's almost gone.... Very exciting weeks in progress. bullish bullish for the moment. The strange part is: btc is bullish and the dollar is bullish, should be the opposite. One is wrong, but which one???
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As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.