BTC/USDT IN THE CHANNEL AND BTC NOT FAR FROM 62K LEVEL

8月14日

We are checking the trend for the next target up 62K, we did an update before about the correction that is already done and BTC looks positive for the next increase target.

With this update, we did expect before the correction and already it did gain

BTC is in the channel zone and can make any time new volume up 62K

With this update, we did add the possibility that BTC will enter 62K

For now, we expect there is a high chance BTC will visit again the 62K level soon.
BTC already opened an important new cycle trend. We saw that before cycle activation, BTC increased further.

If we can meet a new strong volume coming time, then BTC will able to target up to 63K
The volume of the moment is stable, but it is not the main volume.

There is always a chance BTC will look for liquidity below the price actions, but the chance will stay high will target below liquidity or direct liquidity.

8月14日

ノート

since 57.6 BTC did not lose the level, why it should lose it now at this time frame?
Everting is possible in crypto, but we see high chance for new break BTC>

8月14日

ノート

62400 is an important power area where BTC can make a huge trend change from new cycle.. we watching out to see if BTC can gain that coming time.

8月14日

ノート

confirmation of this zone could return BTC to 70K

8月14日

ノート

If the trend is going back from the next cycle that can get activated after 62400, then this are the levels

8月14日

ノート

If BTC targets today the golden cycle target, then it is the first time new confirmation since the 41K, which means BTC has a high chance of break 5% or more