Tre on Nostr: Bitcoin Price Analysis: What's Next for BTC in the Next 14 Days? #BTC #Cripto ...
Bitcoin Price Analysis: What's Next for BTC in the Next 14 Days?
#BTC #Cripto
•Level-to-Level Pump: Bitcoin may continue itsupward momentum, targeting the $37,000-
$38,000 range. This scenario is possible but
considered less likely than scenario two.
• Fake Dump and Breakout: A probable scenario involves a temporary dip below the WMA200 to liquidate positions around $29,000. Bitcoin would then rebound, breaking above the $31,800 resistance and continuing its upward trajectory.
• Worst-Case Scenario: In the event of a daily close below the EMA50 at $29,000, Bitcoin could face further downside pressure, potentially reaching the liquidity pool around $24,000. Although not highly likely, this scenario becomes more plausible if the EMA50 is breached.
#BTC #Cripto
•Level-to-Level Pump: Bitcoin may continue itsupward momentum, targeting the $37,000-
$38,000 range. This scenario is possible but
considered less likely than scenario two.
• Fake Dump and Breakout: A probable scenario involves a temporary dip below the WMA200 to liquidate positions around $29,000. Bitcoin would then rebound, breaking above the $31,800 resistance and continuing its upward trajectory.
• Worst-Case Scenario: In the event of a daily close below the EMA50 at $29,000, Bitcoin could face further downside pressure, potentially reaching the liquidity pool around $24,000. Although not highly likely, this scenario becomes more plausible if the EMA50 is breached.