> 3 Possible BTC/USD Movements - At least 20% Profit HODL IT!!!
Summary:
The Red Line is the downtrend
The Green Line is the upward trend
The white dashed line is the main resistance
The dotted gray line is the average price in uptrend
The white lines are the targets of the Fibonacci
All optimistic predictions mentioned below depend on line breakage
As we can see, the price stabilized the beginning of a bullish trend since it reached the low of $ 6000. With this, we can make 4 predictions, being 3 optimistic and 1 pessimistic.
The first optimistic analysis is the best scenario. The consolidation of 5 waves of elliot, starting from the assumption that 2 have already been formed. In this case, we can see the price of Bitcoin at $ 25000 until approximately the middle of April.
The second optimistic analysis is for the price to remain in a high channel, delimited by the main high (green) trend line, and the gray dotted line (average price in a bullish trend).
The third optimistic analysis is a high up to the region of $ 14,000, and then correction, returning to $ 11320.
And the last and only pessimistic analysis, is if the price does not break the main resistance (dashed white line), where the price will return to $ 9600
Remember that if you are not accustomed to trading, just buy Bitcoin and wait. I believe that sometime until the end of the year it will reach $ 50000
The Red Line is the downtrend
The Green Line is the upward trend
The white dashed line is the main resistance
The dotted gray line is the average price in uptrend
The white lines are the targets of the Fibonacci
All optimistic predictions mentioned below depend on line breakage
As we can see, the price stabilized the beginning of a bullish trend since it reached the low of $ 6000. With this, we can make 4 predictions, being 3 optimistic and 1 pessimistic.
The first optimistic analysis is the best scenario. The consolidation of 5 waves of elliot, starting from the assumption that 2 have already been formed. In this case, we can see the price of Bitcoin at $ 25000 until approximately the middle of April.
The second optimistic analysis is for the price to remain in a high channel, delimited by the main high (green) trend line, and the gray dotted line (average price in a bullish trend).
The third optimistic analysis is a high up to the region of $ 14,000, and then correction, returning to $ 11320.
And the last and only pessimistic analysis, is if the price does not break the main resistance (dashed white line), where the price will return to $ 9600
Remember that if you are not accustomed to trading, just buy Bitcoin and wait. I believe that sometime until the end of the year it will reach $ 50000