currently, we are at the top of Inside Ascending Channel (yellow) we could we a drop to 45k(mid support) or 39k which is the bottom support of this channel
if we break this channel we could see some damage which is highly unlikely because the support zone is really strong mid support or bottom support might hold (90% chance any one of them will hold)
in a highly likely scenario, we are bullish in long term after the drop to 45k/39k and I believe we should reach our target by the given timeline in this idea or EVEN EARLIER
indicators are bullish but short term BTC is looking kinda okay
short term forecast of this week: 70% bearish 25%bullish 5% neutral
long term forecast of next 2-3months: 86% bullish 8% bearish 6%neutral
if we break this channel we could see some damage which is highly unlikely because the support zone is really strong mid support or bottom support might hold (90% chance any one of them will hold)
in a highly likely scenario, we are bullish in long term after the drop to 45k/39k and I believe we should reach our target by the given timeline in this idea or EVEN EARLIER
indicators are bullish but short term BTC is looking kinda okay
short term forecast of this week: 70% bearish 25%bullish 5% neutral
long term forecast of next 2-3months: 86% bullish 8% bearish 6%neutral