BTC opinion(20231019

19 באוק׳ 2023

BTC has experienced fluctuations due to recent news, briefly reaching around 30,000. Although it has retraced to approximately 28,000 for now, it's worth noting a bullish flag pattern, suggesting potential upward targets of:
30951.5
31869.0~32391.0
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Taking a look at the chart:

BTC has tested the 28000 support level multiple times without breaking, indicating its price support. Should it drop below, watch for potential support at:
27700.0
27200.0
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For further details, you can refer to the linked article:

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2 בינו׳

הערה

After BTC appeared in a bull flag pattern, it successfully met the goal:
30951.5
31869.0~32391.0
After meeting the target, BTC daily closing price was 33106.5 (higher than the target price of the bull flag pattern), and also broke through the previous high of 31869.0. Even if BTC encountered resistance near 38200, it continued the bullish trend. It rose to a high of 44769 and then consolidated for nearly a month. Currently, BTC has a cup-and-handle pattern, and we can focus on the target price of 48207.5~48301.0.