BTC to 13k by end of week (25/02)

So what can we see happening to BTC here?
BTC has created a double top formation at around 11.2k, it has failed to break this target twice as there is huge pressure from sellers at this price. We expect a minor decline down to 10.8k as we don't feel it'll follow the double top formation and break under this price. We could also end today on a high and break above 11.2k to disrupt the double top formation and break into the next price floor. Thereafter, we could be making our way to 12k but please bare in mind it could use the MA on the weekly chart as a resistance at 12k (therefore meaning that we may not be able to break the 12k mark over this coming week).

Never the less, we do feel that BTC could definitely overcome this task and break the week upwards of 12.9k, were again we will have another huge resistance which could drive the price down again briefly. The RSI on both 4 hour and daily chart suggests that we are slowly moving into overbought territory but not to worry there is still plenty of room for upward movement. MACD is also suggesting that we are at the beginning of a bullish move on the 1 day chart. Weekly candle is also suggesting that we could definitely be finishing above 12k at the minimum if not our target of 13k .

We will be documenting BTC journey to 24k, which is what we see it reaching but please bare in mind this will not happen overnight.

Please follow us on Instagram with the link below to stay up to date with all our analysis and our ALT coin recommendations!

Kind regards,
ZH 简体中文
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 繁體中文
AR العربية
HE עברית
首页 股票筛选器 外汇筛选器 加密货币筛选器 财经日历 如何运作 图表功能 网站规则 版主 网站 & 经纪商解决方案 插件 图表库 功能请求 博客 & 新闻 常见问题 帮助 & 维基 Twitter
概述 个人资料设置 账号和账单 我的客服工单 联系支持 已发表观点 粉丝 正在关注 私人消息 聊天 退出