As you can see, the bitcoin price is fluctuating within a range, testing the boundaries of its channels and reducing the likelihood of a significant drop. This consolidation allows bitcoin to continue its upward trend.
After an upward movement, we should expect the formation of a structure that would allow Bitcoin to reach levels of 40 and 50K in the following months.
In the meanwhile this is a signal for a bull week
After an upward movement, we should expect the formation of a structure that would allow Bitcoin to reach levels of 40 and 50K in the following months.
In the meanwhile this is a signal for a bull week