We expect bitcoin to be bullish in the next coming months with its bull run reaching 89,000 before Jan 2024, Buy entry @ 29500 with a possible fall to 20,000* will give you a risk to reward ratio of 6.1* As you can see from the chart bitcoin has recently bounced off a major support "up-trendline" which acted as support trendline for bitcoin from April to November 2020.
Key entries Note: Bitcoin has turned bullish on the H4, 1D & 1W chart
Buy @ 29,500 Buy limit @ 20,000
Link to previous analysis below
Note: this is just an analysis based on technical analysis & current events. All investments involve risk, our analysis and trading strategy does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make.
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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.