Current technical analysis for Bitcoin, in my opinion i think it will continue to rise and break resistance points via test marketing but has pullback potential and may revert to previous support lines but unlikely. If you have any questions or feedback on my technical analysis feel free to drop a comment and if you have any criticism feel free to share your opinion will be greatly appreciated.
BTCUSDT
- red line = bottom support (will hit when market crashes eventually
- orange line = PREVIOUS support
- yellow line = CURRENT support
- cyan line = current resistance and test market level (if tests positive will reach 51k and if it breaks will reach diagonal support and we will see what happens there)
- green line = current resistance potential breakout point
- WHITE ARROWS = what i think will most likely happen
- YELLOW ARROWS = has a high possibility of possibly happening
- RED ARROWS = very low possibility of happening but still has a chance
BTCUSDT