Welcome to this quick BTC/USDT WEEKLY analysis in the chart
I have tried my best to bring the best possible outcome in this chart.
Hello folks,
Welcome to our Btc/Usdt weekly update, as we can see a rising wedge pattern create that from 15th March 2021 to 10th May 2021 btc was in an uptrend and from 10th May 2021 to 12th July 2021 was in downtrend.
After that Btc bounced on 19th July and moved up till 8th November 2021.
After that, we saw some correction in the market and a downtrend till 17th January 2022. After the 17th Jan market is still in a sideways move.
According to the current scenario, I think Btc will move in a sideways trend till 21st March 2022.
After that, we can see bullish movement which can continue till 11th July 2022 according to this chart and also can claim the new ATH.
As we all know that in 2024 btc halving is going to happen. so we can assume that the market will bounce on the 3rd week of March and we can see a good rally.
This is not a piece of financial advice.
Sorry for my English it is not my native language.
Do hit the like button if you like it and share your charts in the comments section.
thank you.
I have tried my best to bring the best possible outcome in this chart.
Hello folks,
Welcome to our Btc/Usdt weekly update, as we can see a rising wedge pattern create that from 15th March 2021 to 10th May 2021 btc was in an uptrend and from 10th May 2021 to 12th July 2021 was in downtrend.
After that Btc bounced on 19th July and moved up till 8th November 2021.
After that, we saw some correction in the market and a downtrend till 17th January 2022. After the 17th Jan market is still in a sideways move.
According to the current scenario, I think Btc will move in a sideways trend till 21st March 2022.
After that, we can see bullish movement which can continue till 11th July 2022 according to this chart and also can claim the new ATH.
As we all know that in 2024 btc halving is going to happen. so we can assume that the market will bounce on the 3rd week of March and we can see a good rally.
This is not a piece of financial advice.
Sorry for my English it is not my native language.
Do hit the like button if you like it and share your charts in the comments section.
thank you.
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