BTC expectation

2022年10月18日

Hello my friends, today I want to talk with you about BTC .

Bitcoin now trades in Big range on 3-4h timeframe.

Resistance level is 20400 and support level at 18200 $

Now bitcoin looks like bullish because S&P500 index grow and bitcoin follow it.

Now price trades around the middle of range but below local resistance line which we draw by previous local highs.

I think today/tomorrow price can break resistance line and rise to resistance level of range which is our first target 20400$

If price will trade some time below resistance level I think price will break it with next impulse and can rise to our second target at 21200$

So be ready for such scenario.

This is an article, not financial advice, always do your own research.

If you have any questions, you can write it in comments below, and I will answer them.

And please don't forget to support this idea with your like and comment, thank you.