Important and Independent Update : After the last analysis of Bitcoin, the price was able to grow to the level of $23800 and then face a slight correction again! Today there is very important news and it can bring the market with high volatilities , the previous analysis is still valid and the only thing I have to add is the existence of Institutional Support in the range of $20400 to $21680! (make sure to read the Previous Analysis completely)
Previous TA : Comprehensive and specialized review of Bitcoin in two time frames , Weekly and 3-Days : Well, as you can see, almost everything on the chart is marked with high accuracy, but the details of the analysis are as follows. By examining #Bitcoin in the weekly time, we see that the price entered a strong supply range last week, which overlapped with the supply range in the TOTAL index and caused the price to face a slight correction. Now, with a more detailed examination, I have identified important levels on the chart that I will address! A large liquidity pool is located above the $25,000 level, which can be one of the important targets for buyers, and I expect it to grow to that level as the next target! The next targets are selected based on the liquidity voids , which is $25,260 to $28,000 and $27,000 to $29,180 respectively (difference in time frames)! The mid-term and possible price target after hitting these targets is $30,000 to $32,400! (This analysis will be updated in the future)
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⚠️ This Analysis will be updated ... 👤 Arman Shaban : ArmanShabanTrading 📅 02.01.2023 ⚠️(DYOR)
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