BTC has been in red for quite a while now.. While it has touched new lows, in the long run, we may see it go up. In the short term, we may see it between 45 K- 47 K. By the end of Dec, we may see it around 55K- 60 K.
For now, further downside could happen and therefore, it may be a good idea to have buy orders in the range of 42 K - 46 K. Volatility will be high
As can be seen in the chart, BTC is oscillating between a downward pattern.. It will need to break 50 K, hold it and touch around 53K for a confirmation to the upside.
For now, further downside could happen and therefore, it may be a good idea to have buy orders in the range of 42 K - 46 K. Volatility will be high
As can be seen in the chart, BTC is oscillating between a downward pattern.. It will need to break 50 K, hold it and touch around 53K for a confirmation to the upside.