Helllo friends, Hope you are all great Today im going to explain a little technically about BTC. So lets start... First of all lets check one important Resistance BTC struggling with. Acually its 30000 level , a psychological and sentimental resistance level. you see this level an why its important in chart below : secondly lets take a look at an important Trendline shaped before. from top of 69000 this trendline was valid and now , it broke. after this Trendline broke , the price pulled back to this line an shaped an Evening star Candles pattern. so this is a sign of bullish trend as you can see in chart below : The price is creating an bullish channel and we are in the middle of this channel right NOW : If we can surpass this level , we can go up till 37000 target level (upper line of channel and next important resistance level) Overall i think BTC has a potantial of rising in coming months. after a year we can see signs of Demand in Bitcoin. There are a lot of Positive news for Bitcoin. In my view , Its Start of a new CYCLE. Be careful about your capitals. Be Profitable... Thanks for reading my opinion.
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