What will happen after $ 50,000?
Aggiornato
According to the analysis of the previous days, the increase in the price of bitcoin was not unexpected.
Market cap has increased compared to yesterday, and various companies are ready to invest in cryptocurrencies.
In today's analysis, two scenarios can occur.
According to the chart, we have 2 ranges in red and blue.
In the first scenario, Bitcoin continues to move in the red range, and if it can conquer point 3, there is a possibility of a price increase.
In the second scenario, if it enters the blue range, we will face a price correction, which of course is not a concern. The common denominator of this range is of particular importance in contrast to market trends. Be sure to pay attention to this area during the day.
If something unforeseen happens and the price reaches the $ 48,400 mark, there is a possibility of a sharp correction.
I think the first scenario has a better chance.
In my opinion, drawings can better and more than words describe the state of the market.
You know that I use arc drawing in my analysis and I have hidden some of them in this diagram for better visibility.
Disclaimer: trade base on your own decision.
Best regards,
Ali Crypto
Market cap has increased compared to yesterday, and various companies are ready to invest in cryptocurrencies.
In today's analysis, two scenarios can occur.
According to the chart, we have 2 ranges in red and blue.
In the first scenario, Bitcoin continues to move in the red range, and if it can conquer point 3, there is a possibility of a price increase.
In the second scenario, if it enters the blue range, we will face a price correction, which of course is not a concern. The common denominator of this range is of particular importance in contrast to market trends. Be sure to pay attention to this area during the day.
If something unforeseen happens and the price reaches the $ 48,400 mark, there is a possibility of a sharp correction.
I think the first scenario has a better chance.
In my opinion, drawings can better and more than words describe the state of the market.
You know that I use arc drawing in my analysis and I have hidden some of them in this diagram for better visibility.
Disclaimer: trade base on your own decision.
Best regards,
Ali Crypto
Nota
Bitcoin has a trading range above the red section of the chart.
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.