Will Bitcoin Price Drop to $34,000?
BTC needs to close above the $36,800 level for a 4-hour candle to signal a potential move. If it manages to close above $36,800, the target will be $38,500.
However, if it fails to reclaim $36,800, the movement will likely start from the current level ($36,400), initially targeting the $34,200 zone and then potentially dropping to $33,400.
In the previous analysis, we achieved an 8% gain. You can view the analysis in our profile.
NFA.
However, if it fails to reclaim $36,800, the movement will likely start from the current level ($36,400), initially targeting the $34,200 zone and then potentially dropping to $33,400.
In the previous analysis, we achieved an 8% gain. You can view the analysis in our profile.
NFA.
Trade active
Order cancelled:
Bitcoin closed candles above $36,800. BTC could target $38,000 as long as it stays above $36,800.
We cancel the analysis.
NFA.
We cancel the analysis.
NFA.
