Bitcoin (BTC/USD) has been in a long-term price uptrend since 2023.
However, Bitcoin has been in a short-term downtrend since April 2024.
Bitcoin price could potentially re-test Support Trendline 1 and support prices of approximately $56000 down to $55000.
Bearish Scenario: price falls and test support levels below such as $58000, $55000, $50000, $45000, $40000.
Bullish Scenario: price bounces and continues higher to resistance prices of $64000, $69000, $73000, $77000, $80000.
Note: crypto regulatory changes, government vs crypto exchange lawsuits, breaking news, corporate earnings, and global events could override technical chart patterns.
Date created: 05/10/2024
However, Bitcoin has been in a short-term downtrend since April 2024.
Bitcoin price could potentially re-test Support Trendline 1 and support prices of approximately $56000 down to $55000.
Bearish Scenario: price falls and test support levels below such as $58000, $55000, $50000, $45000, $40000.
Bullish Scenario: price bounces and continues higher to resistance prices of $64000, $69000, $73000, $77000, $80000.
Note: crypto regulatory changes, government vs crypto exchange lawsuits, breaking news, corporate earnings, and global events could override technical chart patterns.
Date created: 05/10/2024
註釋
First Bullish Profit Target reached: $64000Second Bullish Profit Target reached: $69000
Date: 05/21/2024
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Follow Me on TradingView, Youtube, X, Instagram.
Social Media links are in my profile.
Boost, comment, share to support.
All posts are not financial advice.
Social Media links are in my profile.
Boost, comment, share to support.
All posts are not financial advice.
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。