nmchary

Bitcoin-TA-2023 Short Term Analysis

Long
INDEX:BTCUSD   Bitcoin
Hello everyone, hope you all are doing good,
Not Financial Advice though.

It was a massive pump to 21300 something as i said in my yearly and other Bitcoin Analysis that Bitcoin will definitely test 30k zone somewhere in Q2/Q3-2023.,
So What next??? lets check the possibilities what will happen.

In chart i explained the 2 possibilities mostly can play out.

Possibility1: Reverse Head n Shoulders Pattern
pullBack = 18800k roughly
target = 29k roughly.
(Orange color)

Possibility2: If this move is failed move,
than target = 14700 roughly
(Red color)

I mostly expecting Bitcoin to move in upside direction with in this year 2023.

Thank you, stay safe and stay smart.

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