Hello my fellow traders,
These are 2 possible scenarios for BTC. The red one includes a deep correction towards 40k and then 2 pretty big jumps for 47k and the breaking of the ATH. The blue scenario comprises of a range market till the end of the 3rd quarter (which is mentioned in the linked analysis) and then a jump for breaking the ATH!
Either way, the purple thick line is the critical support to be held. IF it breaks, a downfall toward the floor of the blue channel in around 26k is very possible!
The RSI and OBV look very bullish to me as both of them are on solid supports!
Therefore, as long as 40k is held, I will HODL my assets and wish for an alt season never seen before!
Wish you all the luck in your trades,
CryptoZhozei Here!
These are 2 possible scenarios for BTC. The red one includes a deep correction towards 40k and then 2 pretty big jumps for 47k and the breaking of the ATH. The blue scenario comprises of a range market till the end of the 3rd quarter (which is mentioned in the linked analysis) and then a jump for breaking the ATH!
Either way, the purple thick line is the critical support to be held. IF it breaks, a downfall toward the floor of the blue channel in around 26k is very possible!
The RSI and OBV look very bullish to me as both of them are on solid supports!
Therefore, as long as 40k is held, I will HODL my assets and wish for an alt season never seen before!
Wish you all the luck in your trades,
CryptoZhozei Here!
