Bitcoin price forecast
Bitcoin incredible upside price rally that took place throughout the end of 2020 and continues last week to a new record, closed at 40,000 $ - the peak of last day stood at 42,000 $
Bitcoin Opening this week at 37,800 $
However, the question now is whether this Bull Run will continue vertically, as it did in the past few months, or whether a short-term correction should be expected.
Trend level is a critical level if this upside price trend is going to continue.
I think such a wild ascent indicates a stage of disconnection, and at such stages, one tends to see sharp movements in both directions,
What's more, last time it happened, the price tripled and went into repair
Is this time too?
short term support stay in 34,300 -36,000$
long term support stay in 24,000$
What does it mean: touch above last week high in 42500-43400 $
or touch at 46,000-49,000$
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| Bitcoin news analysis |
P/S
in my opinion, we will see a correction in the price to 24,000$-27,000$ +_
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| Bitcoin chart |
This review does not include any document and/or file attached to it as advice or recommendation to buy/sell securities and/or other advice
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