Bitcoin New ALL Time Highs (60K) COMING within a WEEK ?!!!
As a result of Daily chart we can see above, Bitcoin hit a critical daily support trendline and react to it perfectly and was unable to break this line. Also as we can this level for reaction was perfectly aligned with 20 MA as well.
So the next daily candle is really important to get closed above this line, by closing above we should consider the reversal and going for new all time highs which is 60K and it's aligned with the resistance trend line.
If you haven't check my previous predictions, please do so and let me know your thoughts about bitcoin or other crypto currencies that you would want me to analyze.
So the next daily candle is really important to get closed above this line, by closing above we should consider the reversal and going for new all time highs which is 60K and it's aligned with the resistance trend line.
If you haven't check my previous predictions, please do so and let me know your thoughts about bitcoin or other crypto currencies that you would want me to analyze.
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Daily candle did not close above the trend line and this looks like a breash, next support zone around 42k