Can Bitcoin Drop to $35,000?
#Bitcoin
As long as it stays above $36,600, it will likely aim to clear the short liquidity at the $38,000 level.
If daily candle closes do not occur above $38,000, it might initiate a downward movement towards the indicated level of $34,950 as shown on the chart.
NFA.
As long as it stays above $36,600, it will likely aim to clear the short liquidity at the $38,000 level.
If daily candle closes do not occur above $38,000, it might initiate a downward movement towards the indicated level of $34,950 as shown on the chart.
NFA.
Zlecenie aktywne
Zlecenie aktywne:
The loss of the $36,600 support caused a drop to our expected support without clearing the shorts at $38,000.
As long as it remains above the gray support in the analysis, the target will be $38,500.
NFA.
As long as it remains above the gray support in the analysis, the target will be $38,500.
NFA.
Zlecenie aktywne
Zlecenie aktywne
Zlecenie aktywne:
Bitcoin is moving within the interim support range of $36,600 - $36,800. As long as Bitcoin remains above $36,600, it will likely aim for another upward movement towards the $38,000 level.
NFA.
NFA.
Zlecenie aktywne
Komentarz:
Bitcoin 8.71% ✅
It has made an upward movement of 8.71% from the indicated gray zone support. According to the analysis, we congratulate the winners.
BTC needs to close above the $36,800 level on the 4-hour chart again. If it achieves closings above 36,800, the target will be $38,500.
However, if 36,800 is not reclaimed, the decline will first target the gray support and then drop to the $34,100 level.
NFA.
It has made an upward movement of 8.71% from the indicated gray zone support. According to the analysis, we congratulate the winners.
BTC needs to close above the $36,800 level on the 4-hour chart again. If it achieves closings above 36,800, the target will be $38,500.
However, if 36,800 is not reclaimed, the decline will first target the gray support and then drop to the $34,100 level.
NFA.
Komentarz:
As long as Bitcoin remains above the $36,800 support, it will want to rise to its target specified in the analysis. However, if Bitcoi closes a 4-hour candle below the $36,800 support, it could move bearish to the $34,100 level.
Komentarz:
Somehow it follows the trend movement and rises. If we see weakness in the $37,800$ 39,000 zone, we can consider it as a devilation movement and take scalp short trade.
NFA.
NFA.
Komentarz:
Bitcoin has reached the price target we expected. As long as it stays above the $36,800 level, its target will be $38,900. However, 4-hour candle closes below $36,800 will make the bearish move to the $35,5000 level.
The analysis is over. Congratulations to the assessors.
The analysis is over. Congratulations to the assessors.
NFA