bitcoin can go to 35 k again!?
hi friends ..
first look at the chart .. i prefer the line chart for monthly time frame
we have 2 important poin in this chart :
first :
The price is breaking the green uptrend line.
On the other hand, price is breaking down moving average 20 days (MA 20).
Since this is a monthly time frame, all of these breaks may appear as shadows
You can also see in the RSI indicator that the price has not yet broken the downward trend.
I think the price will go down to 35k.
first look at the chart .. i prefer the line chart for monthly time frame
we have 2 important poin in this chart :
first :
The price is breaking the green uptrend line.
On the other hand, price is breaking down moving average 20 days (MA 20).
Since this is a monthly time frame, all of these breaks may appear as shadows
You can also see in the RSI indicator that the price has not yet broken the downward trend.
I think the price will go down to 35k.