In the technical analysis of the Bitcoin cryptocurrency in the weekly long-term timeframe, as you can see in the chart, the price of the long-term downtrend line has broken itself from the $ 20,000 price of 2017.
This failure was reinforced by the stabilization of the price above $ 10,100.
As you can see, after a temporary ascent, it had a nice pull-back at a price of $ 9764 and has resumed its ascent and growth routine in the last two weekly candlesticks.
Goals are specified in the chart.
For the first step, I forecast a target of +11 % and a price of $ 11,927.
Good luck and profitable.
This failure was reinforced by the stabilization of the price above $ 10,100.
As you can see, after a temporary ascent, it had a nice pull-back at a price of $ 9764 and has resumed its ascent and growth routine in the last two weekly candlesticks.
Goals are specified in the chart.
For the first step, I forecast a target of +11 % and a price of $ 11,927.
Good luck and profitable.