Let's look at the chart from this view:
Bitcoin trend line in logarithmic chart shows us that the bear market is over. this is a FOMO, but Bitcoin for continues its uptrend and also achieve to higher prices, needs to test its previous support. this retrace has repeated many times in different markets and it is normal.
so according to the previous analysis of BTCUSD, still can keep fiat with SL13000$
in my idea, Bitcoin can begin its main uptrend to achieve the marked goals, since around 2020.
possible target for retrace : around 8500 $
i'll update it soon
also you can access to more analysis in our free telegram channel. if you interested for invite link, just let me know.
Bitcoin trend line in logarithmic chart shows us that the bear market is over. this is a FOMO, but Bitcoin for continues its uptrend and also achieve to higher prices, needs to test its previous support. this retrace has repeated many times in different markets and it is normal.
so according to the previous analysis of BTCUSD, still can keep fiat with SL13000$
in my idea, Bitcoin can begin its main uptrend to achieve the marked goals, since around 2020.
possible target for retrace : around 8500 $
i'll update it soon
also you can access to more analysis in our free telegram channel. if you interested for invite link, just let me know.