BTC 1W Chart UPDATE FOR LONG TERM
BTC/USD NOW,trading between 19k to 21k area.
Lot 0f people talking about 12k area.I also think it will touch 14k-12k area to complete its cycle according to previous history.
But now it could hit 28k to go back 14k-12k area.
We will see a good bounce back from this are(14k-12k).
after this bounce back we will see new ATH which would be 80k+.
During this bounce back BTC directly go toward 48k-51k area than a retest could happen toward 41k.
if IT hold 41k support than It will move toward 65k area.
After retesting 60k-61k we can see new ATH.
This cycle could be completed in 2 or 3 years.
NFA.
THANK YOU,
Lot 0f people talking about 12k area.I also think it will touch 14k-12k area to complete its cycle according to previous history.
But now it could hit 28k to go back 14k-12k area.
We will see a good bounce back from this are(14k-12k).
after this bounce back we will see new ATH which would be 80k+.
During this bounce back BTC directly go toward 48k-51k area than a retest could happen toward 41k.
if IT hold 41k support than It will move toward 65k area.
After retesting 60k-61k we can see new ATH.
This cycle could be completed in 2 or 3 years.
NFA.
THANK YOU,
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