#BTC/USDT Monthly Chart Analysis:-
#Bitcoin Currently trading at $40800.
- As per the Monthly Chart Bitcoin Support is $43841
- If Monthly Close above this Level then Very good for the Bull scenario.
- Now Trading below Monthly Support.
- As Per Monthly Chart Forming Bull Flag in Monthly Big Time Frame.
- As per the Last Bull Flag Pattern in Monthly, You can check what I Mentioned.
- From Last Bull Flag Breakout $Bitcoin Gave 501% Spiked.
- Now If the same happened this time also Then Breakout Point is $65000 and Target would be $365000
- Worst case Support of This Bull flag is $34000
- If $34000 breaks then $Bitcoin could be Very Bearish.
- This all depends on Monthly candle close not LTF.
Support 1:- $43841
Support 2:- $34000
Resistance:- $65000
#Bitcoin Currently trading at $40800.
- As per the Monthly Chart Bitcoin Support is $43841
- If Monthly Close above this Level then Very good for the Bull scenario.
- Now Trading below Monthly Support.
- As Per Monthly Chart Forming Bull Flag in Monthly Big Time Frame.
- As per the Last Bull Flag Pattern in Monthly, You can check what I Mentioned.
- From Last Bull Flag Breakout $Bitcoin Gave 501% Spiked.
- Now If the same happened this time also Then Breakout Point is $65000 and Target would be $365000
- Worst case Support of This Bull flag is $34000
- If $34000 breaks then $Bitcoin could be Very Bearish.
- This all depends on Monthly candle close not LTF.
Support 1:- $43841
Support 2:- $34000
Resistance:- $65000
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