#BTC - weekly chart shows that the current sentiment is bullish, meaning that the value of BTC is expected to increase. There is a trend line forming that indicates a potential rejection, but there are also resistance levels at the same intersection point.
If we look at the past history of the chart, we can see that it has certain patterns that repeat.
However, it is important to keep in mind that this is just a probability and not a certainty.
In the coming weeks, I expect to see a strong pull-back. In the short-term, we are still bullish as long as the opposite isn't shown.
For investors, this is a good opportunity to balance their portfolios.
It's important to stay safe and not to make hasty decisions out of fear of missing out (FOMO)
Take care guys!
If we look at the past history of the chart, we can see that it has certain patterns that repeat.
However, it is important to keep in mind that this is just a probability and not a certainty.
In the coming weeks, I expect to see a strong pull-back. In the short-term, we are still bullish as long as the opposite isn't shown.
For investors, this is a good opportunity to balance their portfolios.
It's important to stay safe and not to make hasty decisions out of fear of missing out (FOMO)
Take care guys!