Bitcoin Future Prediction
opportunity:
According to an analysis of bitcoin, it is creating an uptrend following the dow theory while 21 EMA cross over the 200 EMA just waiting for 55EMA`s cross over.
Amount of green candles in volume also increases day to day which means things will control by bull
Threat:
The threat to the bitcoin price is the level of resistance (24,515 to 25,250).
Conclusion:
The conclusion of the technical analysis is after breaking the level of (25K,250) it will go toward the next resistance which is (32k,324).
According to an analysis of bitcoin, it is creating an uptrend following the dow theory while 21 EMA cross over the 200 EMA just waiting for 55EMA`s cross over.
Amount of green candles in volume also increases day to day which means things will control by bull
Threat:
The threat to the bitcoin price is the level of resistance (24,515 to 25,250).
Conclusion:
The conclusion of the technical analysis is after breaking the level of (25K,250) it will go toward the next resistance which is (32k,324).
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