BITCOIN!!! FORECAST!!!!!
Bitcoin Is still in a Weekly and Daily sell Range between $28800 and $41322. We have a created a Lower high last week. We need a weekly break above $41322 to change trend to the upside on the higher Weekly time frame. Bitcoin still has a lot of work to do to remain bullish, we are still bearish at the minute. There is still a lot of liquidity under 28k. I would like to see 28k get swiped correctly before pushing up to new highs. If we can do this we could see how 100k end of year. We are making Higher highs and higher lows on the lower time frame. This will push us up into the 40k zone. Hopefully we push past that to make new highs. We still have the weekly gap slip to be filled. I believe this price action will gravitate towards this.
Long term traders keep buying on the big pullbacks and Hold
Short term traders – I believe we could see
48K region Definitely get hit, if 28k can hold. We are still in a combo sell range and in a downtrend on the higher time frames until we get a weekly close above $41322. Be mindful at the back of the Sell ranges.
Trade safe and stay consistent.
Long term traders keep buying on the big pullbacks and Hold
Short term traders – I believe we could see
48K region Definitely get hit, if 28k can hold. We are still in a combo sell range and in a downtrend on the higher time frames until we get a weekly close above $41322. Be mindful at the back of the Sell ranges. Trade safe and stay consistent.
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