BTC BULLISH WEEKLY

4 nov 2022

Bitcoin is looking BULLISH on the weekly time frame, if Bitcoin breaks above 22k ,then 29k region is very likely, I will close all my altcoin positions at that region and wait for the drop, if we do get a good bounce at 24500, then we will hit 32k and afterwards higher, but if no good bounce around 24500, then the likely scenario to play out is as depicted in the chart, which will eventually lead to 10k-12k region as bottom. However a possible bounce at 24500 is likely.