Bitcoin... bull and bear side condition

2021년 12월 28일

Hi everyone

In my last publish on BTC I mentioned Bitcoin has formed a bullish wedge and

we can expect the price get some upward pressure, I assumed target would be

between 52K and 54K. and as you can see market exactly did the same.

from 52k market rejected because of the strong resistance.

"I will link my full analysis down here for more details"
........................................................
this is not solid statement yet, price may bounce back to test 52k level again.

bulls have still chance to take the control of the market if the price can close

above our main downtrend line and 52K resistant level again.

if not and the price break the 48K downward, then we can expect bears have upper hand

so target between 45K to 42K is expected. this could be the last try for bears before

total market turn to the bull trend. let's see


Enjoy the market

2021년 12월 28일

액티브 트레이드

more downward pressure is expected

2021년 12월 30일

액티브 트레이드

Bears still have upper hand but we may have short term correction upward

2022년 1월 4일

액티브 트레이드

IF BTC can not succeed to close above key level 48200$ it will drop may even test 40K.