InvestMate

InvestMate|Bitcoin 20k On The Horizon ₿

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BINANCE:BTCUSDT   Bitcoin / TetherUS
₿ Bitcoin 20k On The Horizon

₿ This post is a continuation of my previous post on Bitcoin:

₿ Just as I wrote recently about the coming breakout in the near future.

₿ Yes and it has arrived

₿ This is the kind of breakout I needed for my scenario to remain valid.

₿ Support and resistance zones remain unchanged.

₿ The only thing I have added is a new resistance zone located around 20k.

₿ It was determined by a cluster of two levels. The first level is 0.5 of the entire downward wave from the peak of 15.08.2022 to the bottom of 21.11.2022. The second level is 1.618 of the entire downward wave from the peak of 2019 to the bottom of 2020.

₿ This is where my new target is now located.

₿ The scenario I'm playing out is a continuation of the breakout with reaching 20k and overcoming the first resistance zone. I'm aware of the possibility of a correction at any time, this should be taken into account, If the outlook changes I will publish a post with an update, so I encourage you to actively follow the profile and read the description carefully.

₿ *Please do not suggest the path I have outlined with lines it is only a hypothetical scenario.

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