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BITCOIN
The price has been following a parabolic move. price corrects towards parabolic trendline and continue to move higher, after hitting $34,000 for the first time price attempted to break below the parabolic trendline, but bullish momentum was very strong making it a false attempt, and price came back above the trendline, If price continues to hold the parabolic trendline we might see $38K this time, with 40K as the main target..
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*The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
BITCOIN
The price has been following a parabolic move. price corrects towards parabolic trendline and continue to move higher, after hitting $34,000 for the first time price attempted to break below the parabolic trendline, but bullish momentum was very strong making it a false attempt, and price came back above the trendline, If price continues to hold the parabolic trendline we might see $38K this time, with 40K as the main target..
Push LIKE & SUPPORT the Idea...
*The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
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