Bitcoin, and now where?

BTCUSD is on 70k, then where and why?

Dear trading-viewer,

please share your opinion here 📢 for Bitcoin next trend, short or long and why (share any reason convinces you)

for me I am 📢SHORT📢 and here are several reasons for my choice:

When I conduct any analysis for around six months, I try to "complete the scenario." The weekly chart 📊 looks like a cup and handle pattern. The price is currently at the resistance trendline, and I believe Bitcoin could rise to 78K and 100K if it clearly breaks the 71.5K level with a retest.



It's now June, and the summer solstice is in about 12 days. Bitcoin has been moving sideways since March 10th, and I think June 22nd will mark the beginning of a downtrend. Additionally, I am sharing a simple sine wave prediction that indicates a potential downtrend lasting around 15 months.



We are awaiting the presidential election in the United States, and I think the market will start a correction until that time, with Bitcoin prices oscillating between 38K and 52K.




BTCUSD