FAKE-OUT or BULL TREND up to 25K-28K as New All Time Highs ?!
Bitcoin broke the previous 'NATH' of 24.298$ by setting a New High at the price of 24.461$.
On the 2 Hour Candle when this idea is published it seems like Bitcoin tested the GREEN Support wich is the last 'NATH' of 24.2K and broke below it showing bearish signs.
What is about to Happen?
Will Bitcoin continue performing well making New Highs or will it fall sharply at the orange horizontal line 23.791$ trying to stop there and find huge support?
Or will it surpass below that price level headed down to Yellow zone Gan Fan line to see how strong the buyers are ?
Interesting Turning Point for Bitcoin on wether it will continue The Bull Market after 8 weeks blowing off the roof and also printing TWO HUGE GREEN MONTHLY CANDLES or wether Bears will take over for Correction at 200WeekMA and below that!
Welcome 2021, U may be full of surprises :)
50K+ Bitcoin - 100K+ per BTC, or Beark Market and MORE ACCUMULATING PHASE <3
Trade those precious SATS of yours at your utmost Care !
Targets to the TICK :)
Disclaimer
THIS IS NOT FINANCIAL ADIVCE!
Please do your own research before partaking any trading activities based upon this idea.
On the 2 Hour Candle when this idea is published it seems like Bitcoin tested the GREEN Support wich is the last 'NATH' of 24.2K and broke below it showing bearish signs.
What is about to Happen?
Will Bitcoin continue performing well making New Highs or will it fall sharply at the orange horizontal line 23.791$ trying to stop there and find huge support?
Or will it surpass below that price level headed down to Yellow zone Gan Fan line to see how strong the buyers are ?
Interesting Turning Point for Bitcoin on wether it will continue The Bull Market after 8 weeks blowing off the roof and also printing TWO HUGE GREEN MONTHLY CANDLES or wether Bears will take over for Correction at 200WeekMA and below that!
Welcome 2021, U may be full of surprises :)
50K+ Bitcoin - 100K+ per BTC, or Beark Market and MORE ACCUMULATING PHASE <3
Trade those precious SATS of yours at your utmost Care !
Targets to the TICK :)
Disclaimer
THIS IS NOT FINANCIAL ADIVCE!
Please do your own research before partaking any trading activities based upon this idea.
