Post
BasheerAlgundubi
ยท
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#BTCUSDT โ High Probability Scenario
The price of Bitcoin has returned to around 70,000 dollars, which is its highest level in the previous cycle and a strong support level, so a rebound is possible.
However, a head and shoulders pattern is forming. Any rebound could be just a temporary rise to around 90,000 dollars to form the right shoulder before another decline.
If the price drops below 70,000 dollars, the next target will be between 49,000 and 58,000 dollars.
#PreciousMetalsTurbulence
#BTC #Bitcoin
$BTC
{future}(BTCUSDT)
The price of Bitcoin has returned to around 70,000 dollars, which is its highest level in the previous cycle and a strong support level, so a rebound is possible.
However, a head and shoulders pattern is forming. Any rebound could be just a temporary rise to around 90,000 dollars to form the right shoulder before another decline.
If the price drops below 70,000 dollars, the next target will be between 49,000 and 58,000 dollars.
#PreciousMetalsTurbulence
#BTC #Bitcoin
$BTC
{future}(BTCUSDT)