newchart_

BTC can can take 40000 $ in either way!

Long
BITSTAMP:BTCUSD   Bitcoin
Here we have 2 scenarios for BTC's path to 40000 $

First scenario which I think is more likely to happen is the green arrows which leads us to a pullback to 20000 $ level and then start a mid term growth toward 40000 $.

In the second scenario (the blue one) we can see BTC growth without any need to pullback toward 20000 $
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.