GiraffePiWorld

Bitcoin possibility of Bull & Bear Trend.

BITSTAMP:BTCUSD   비트코인 / 달러
Bearish pattern possible on BTC /USD.
Could potential go to $3000 - $4000 (mid line)
In worst case scenario, it may fall to bottom support line.
long term bearish target might be under $1000. (I highly doubt it)

Bullish pattern possible on BTC /USD.
Could potential go to $50000- $70000 (mid line)
In best case scenario, it may rise to top resistance line.
long term bullish target might be over $300000. (I highly doubt it)

Combining bullish & bearish pattern it clearly shows rising wedge pattern.
Overall, rising wedge pattern is bearish . However if support line holds, we may expect to see price go upward till hit another resistance line. Otherwise we may see price drop in large scale.

In my personal view, I think the price may bounce the rising wedge's support line and go upward, However I will be very cautious and take profit as soon as price gets close to resistance level .

면책사항

이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.