Here I have 3 conditions for further development:
1. Until we see a close above 31777 on a monthly basis, there is a strong possibility that BTC will remain in the downtrend.
2. If condition #1 is confirmed, the next target is 16530 and from this level the blue or red option applies
3. If 16530 fails, I see three lower price levels as potential targets:
10778
9133
8628
1. Until we see a close above 31777 on a monthly basis, there is a strong possibility that BTC will remain in the downtrend.
2. If condition #1 is confirmed, the next target is 16530 and from this level the blue or red option applies
3. If 16530 fails, I see three lower price levels as potential targets:
10778
9133
8628
Comment:
BIG PIC
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