BTC Mid-Term Outlook To Reach $24k-$25k

2023년 5월 9일

In this short time, BTC will make a minor upward correction to $28350-$28500 (supply zone) before pushing back down to $24000-$25000 (demand zone) which means that we can assume that the price will reject that supply zone with 0.5 fib retracements and retest the symmetrical triangle pattern.

This confluence shows a confirmation of bear signals which means that for mid-term BTC outlook will continue to push down after a minor upward to fulfill the order in the supply zone ($28350-$28500).