Bitcoin

BTC weeklt charts (bullish and bearish targets)

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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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