About meAn Academy in field of Blockchain Technology and Cryptocurrency market.
We stand for professional and methodical way of providing our audience with our own expertise. We are Tbilisi-based company that provides education and investment management.
In case that BTC Breaks the Reverse Head & Shoulders Pattern Neck Line, we can see the Target Price of: 48800$
In it's path to achieve this Target, it would be necessary to break 3 vital Resistance:
1- 42000$
2- 45000$
3- 47000$
In a case that BTC couldn't break the Red Line Trend, the probable Scenario would be like this:
BTC will again touch around 35,000$ and with good buyers pressure it will try to break the Red Line Trend and in coming week, we may see BTC around 45,000$
#notfinancialadvice
In 4h time frame, it looks that BTC Chart is completing cup and handle pattern. As you may know this pattern is one of the strongest pattern. By this pattern we can predict that BTC Price may increase even more than 52000$
Let's wait and see that Bulls can run it or they will fail :)
