Hello dear traders. If the price of Bitcoin stays above Bollinger midline, Bitcoin can continue the bullish scenario up to the target of $28,000 and then around $30,000.
In this week, bitcoin price continues to move in an ascending channel (in yellow).
]f the price breaks the Bollinger midline, there is a possibility that the price will go down to the yellow area.
Overall, in my opinion, as long as the price of Bitcoin does not fall below the Bollinger midline, there is a possibility that it will go higher.
But if the price loses the yellow zone and the support of $23,000, the level of 22,500 to 21,500 will be a strong support for Bitcoin in the bearish scenario.
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ノート
According to the analytical idea, the ascending scenario is taking place🐱👤✍. As long as the price is higher than the weekly Bollinger midline, the ascending rally is active. 💥✌
ノート
Bitcoin jumped to the specified level.💥✌ wait for new analysis ...