sobhanjtn

Bitcoin Long Term Possible Movement

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BYBIT:BTCUSDT.P   BTCUSDT Perpetual Contract
As you see the #BTC Chart, We have been in a Down trend for almost a year .
In High time frame , in this case Weekly, we are moving down with a weekly compression, you may call it a wedge.
In my opinion, We are gonna complete the down trend in a 3Drive Style, Touching Monthly Demand (12K - 9K ) .
The Demand is so powerful that pushed the Bitcoin Price to 60K last time!
So I believe this order Block can Reverse the downtrend and send the BTC Price to 30 k Supply and then the Market can range for a while between 12K and 30K until we reach Halving and the start of the new Bullrun !
Good Luck my Hodlers!
This is Just my Personal point of view , NOT FINANCIAL ADVICE!
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