Sirwin
Sirwin

BTC Bull Scenario Probably Ignores 29,300 Bottom, Pullback, Prediction.


We saw that BTC started to climb up from 29,300 up to 34,800. 

Well, now I am going to share my own opinion with the respect to the current market. 

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 Currently, BTC is forming a rising wedge, the 29,300 is the strong support level for this monthly bull scenario. At the time of writing BTC's price is around 34,400 against USD. Probably, it will go up to 34,500 to form a head and shoulder or rise a bit to hit 35,100 and then go down to 31,400-30700 where there is a lot of demand.

Normally, BTC could pump up to 41,000 during this bull scenario which is indicated by the arrow I drew in the chart. I don't think that It will drop down to 29,300 again.

This is just my own opinion and not a piece of financial advice.

Happy trade everyone.

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Fety Bernard Etienne(fetinafety)
Fety Bernard Etienne(fetinafety)

I am a crypto enthusiast, and trader, an investor in many various platforms, and protocol of blockchain around the world. I love talking about Cryptocurrency.


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