Hello dear traders. If the price of Bitcoin stays above Bollinger midline, Bitcoin can continue the bullish scenario up to the target of $28,000 and then around $30,000.
- In this week, bitcoin price continues to move in an ascending channel (in yellow).
- ]f the price breaks the Bollinger midline, there is a possibility that the price will go down to the yellow area.
- Overall, in my opinion, as long as the price of Bitcoin does not fall below the Bollinger midline, there is a possibility that it will go higher.
- But if the price loses the yellow zone and the support of $23,000, the level of 22,500 to 21,500 will be a strong support for Bitcoin in the bearish scenario.
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Kommentera:
According to the analytical idea, the ascending scenario is taking placeđ±âđ€â. As long as the price is higher than the weekly Bollinger midline, the ascending rally is active. đ„â
Kommentera:
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Bitcoin jumped to the specified level.đ„â
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