Amazing discovery! Bitcoin may hit a new high in a few hours!
Recently, the trend of Bitcoin (BTC) seems to be on a roller coaster, showing a downward trend for two consecutive days. Yesterday, the price of BTC fell to around 58969, leaving a long candlestick chart with a long lower shadow, which seems to convey a message to us: BTC may not be willing to give up easily in the short term, and there is a 75% possibility of seeking a rebound at this position.
Sure enough, BTC did not disappoint us, and then there were signs of a reversal and recovery. Based on the current market dynamics, I marked the target price of BTC in my opinion in the near future. First of all, the first target price may be set at around 61547. If BTC can successfully stabilize at this price and reverse the downward trend, it is expected to re-enter the upward channel, and even stand on the 200-day moving average (200ema), and then the next target price may reach 62708.
Of course, the market is always full of variables. If BTC fails to achieve its goal, it may temporarily fall back to the temporary bottom line of 58,100 to seek new support.
I have clearly marked all the key price levels on the chart for you. The realization of these goals may take several hours to verify.
I hope that my analysis can provide some useful references for your trading decisions and help you to be more stable in the voyage of the currency circle.
Finally, I wish you all a happy trading and a full harvest! Looking forward to our next communication!
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Recently, I plan to ambush a potential coin that is ready to explode. It is still very simple to double it. At the same time, I am also preparing to find some potential coins to get to the end of the year. It is no problem to expect more than 10 times the space. If you want to keep up, leave a message, follow, like, and share for free.
