Hello, dear subscribers!
Last time we told about possible BTC price movement scenarios. The first one (green line) demonstrates that the price could rapidly break through the CPR R2 line and reach the $28000.
The second scenario reminds the most likely to happen. The price bounced off the CPR R2 level twice and decrased to the CPR R1 level. After it bounced off the this level because it is the strong support.
Globally we have the ascending trend channel breakout at 16th December and today there was an attempt to re-enter to this channel.
We assume that the price will try to re-test the $24000 level and can break it through.
Last time we told about possible BTC price movement scenarios. The first one (green line) demonstrates that the price could rapidly break through the CPR R2 line and reach the $28000.
The second scenario reminds the most likely to happen. The price bounced off the CPR R2 level twice and decrased to the CPR R1 level. After it bounced off the this level because it is the strong support.
Globally we have the ascending trend channel breakout at 16th December and today there was an attempt to re-enter to this channel.
We assume that the price will try to re-test the $24000 level and can break it through.
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