BTC has a chance to go back to 20000?
As seen in the daily chart, BTC is very close to the previous high of 18385.36, and the closing price has a good chance of being higher than this price.
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If it goes up, BTC will have a double-bottom pattern, pay attention to the above target prices:
19200.00
19503.00
20000.00~20245.35
20488.65, BTC will encounter strong selling pressure at this price, which is the 0.618 resistance of the bear flag pattern ahead.
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After BTC formed the bear flag, the price went back to 0.382 and 0.5 respectively and then continued to fall. This time, you can pay attention to the situation after returning to 0.618. If the closing price is higher than this price, you can pay attention to the double bottom target of 21310.72. This price is close to 0.5 resistance.
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The recent price raising is a short-term rebound. BTC still has a chance to come to the 1.382, 1.5 support below.
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If it goes up, BTC will have a double-bottom pattern, pay attention to the above target prices:
19200.00
19503.00
20000.00~20245.35
20488.65, BTC will encounter strong selling pressure at this price, which is the 0.618 resistance of the bear flag pattern ahead.
-
After BTC formed the bear flag, the price went back to 0.382 and 0.5 respectively and then continued to fall. This time, you can pay attention to the situation after returning to 0.618. If the closing price is higher than this price, you can pay attention to the double bottom target of 21310.72. This price is close to 0.5 resistance.
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The recent price raising is a short-term rebound. BTC still has a chance to come to the 1.382, 1.5 support below.
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