Week 17 BTC Bitcoin Analysis

by Apr 24, 2023Bitcoin Weekly Analysis, Weekly Analysis0 comments

The information given last week showed that Bitcoin has corrected toward the $28,000 area. By the analysis provided, USD.T also increased up to 7.2% and faced a decline in the market. On week 17 BTC Bitcoin analysis, Bitcoin will continue to decline until it reaches the $26,000 region, following which it will once more target the $30,000 region.

USD.T

Given the number of orders received in the $26,000–$28,000 range, it is expected to surpass the $30,000 mark with a strong and steady force this time. We should examine the number of transactions and price candles to see whether the trend will continue after breaking through the $30,000 area. But in terms of Elliott wave week 17 BTC Bitcoin analysis, the $32,000 area is also available, and after that, we will continue the bear market.

BTCUSDT

You should avoid FOMO and refrain from investing and expanding your Hodl portfolio in these regions. Prices for Bitcoin will drop, possibly reaching new lows.

See also  Week 49 Bitcoin BTC Analysis

Recent News

Recent Posts

Disclaimer: The information provided on this website is for informational purposes only. We strive to ensure the accuracy and reliability of the content, but we make no representations or warranties of any kind, express or implied, regarding the completeness, accuracy, reliability, suitability, or availability of the information. The use of this website is solely at your own risk.
We do not endorse or promote any specific cryptocurrencies, projects, exchanges, or investments mentioned on this website. The inclusion of any external links does not imply endorsement or recommendation.
Please note that the cryptocurrency market is highly volatile and involves substantial risks. You should carefully consider your own financial situation and risk tolerance before engaging in any cryptocurrency-related activities.

Related Post

Weekly Altcoins Analysis 2023

Weekly Altcoins Analysis 2023

December 4 Altcoins Analysis Due to the growth of Bitcoin and the correction of BTC.D, altcoins will be pumped again in the case of Bitcoin trend ranging in the $40,000 area, and this will be the last rise and pump of altcoins in the medium term. Therefore, it is...

Weekly Bitcoin Analysis 2023

Weekly Bitcoin Analysis 2023

December 4 Bitcoin Analysis Bitcoin finally reached the $40,000 resistance zone. This area is the ceiling of the ascending channel and a psychological and historical resistance for Bitcoin. Therefore, correction in this area is very likely. On the other hand, this...

Week 18 Altcoins Analysis

Week 18 Altcoins Analysis

Week 18 Altcoins Analysis, we anticipate a gradual fall from Bitcoin to the $24,000 region, as indicated in the BTC analysis. This head and shoulders pattern is being completed by BTC.D, which is also in the 4-hour time frame at the rising channel's ceiling. As a...

0 Comments

Submit a Comment

Your email address will not be published. Required fields are marked *