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BITCOIN CYCLE- TO HIT $72,000 BY MAY'22
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Not a financial advice🙅🏼♂️
From current support, I expect a rise to $45,500, then a fall to $34,000 before a great impulse move to $72,000. Here is why.
As seen on the chart, we can all spot the NOV/DEC 2020 take-off to the APRIL/MAY ATH at $64,700 and another ATH at $68,880 in November.
Price got rejected at this ATH and it’s falling back to the lower trend base.
Therefore, I expect a fall to $34,000 as the third support zone before an impulse move to $72,000 where another DIP can possibly take place.
What do you think?
Share your opinion in the comment section✍️
Follow me to receive more updates on BTCUSD ( BITCOIN ) 🤗
Happy Trading💰🥳🤗
Not a financial advice🙅🏼♂️
From current support, I expect a rise to $45,500, then a fall to $34,000 before a great impulse move to $72,000. Here is why.
As seen on the chart, we can all spot the NOV/DEC 2020 take-off to the APRIL/MAY ATH at $64,700 and another ATH at $68,880 in November.
Price got rejected at this ATH and it’s falling back to the lower trend base.
Therefore, I expect a fall to $34,000 as the third support zone before an impulse move to $72,000 where another DIP can possibly take place.
What do you think?
Share your opinion in the comment section✍️
Follow me to receive more updates on BTCUSD ( BITCOIN ) 🤗
Happy Trading💰🥳🤗
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