BTC to hit 40k if these conditions are met
Price may hit 40k region if support gets broken at 44k-43k region.
Hitting a HIGH of 50600 in the month of August to me was a retest on the LOW formed on the 25th of April, 2021 unless otherwise, it turns around.
That notwithstanding, price will continue its upward move to hit the fair value gap created around 51.5k-52.8k and then we will see what will happen.
For now, keep watch of the market and trade with caution. Minimize your risk by waiting for clear signals in this mixed market.
Hitting a HIGH of 50600 in the month of August to me was a retest on the LOW formed on the 25th of April, 2021 unless otherwise, it turns around.
That notwithstanding, price will continue its upward move to hit the fair value gap created around 51.5k-52.8k and then we will see what will happen.
For now, keep watch of the market and trade with caution. Minimize your risk by waiting for clear signals in this mixed market.
