CryptoPatel

Bitcoin Monthly Chart Target $365000 or $14000 ..?

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INDEX:BTCUSD   ビットコイン/米ドル
#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

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