BTC short term forecast

Words
92
Reading
1 min
Listen
Play
6y

BTC experienced an agressive drop in the past 48 hours.

imagen.png

Taking a look at the 4Hr BTC chart, I expect a pump up to the 36K area, hitiing the top resistance traced by the descending high line.

Both MACD and RSI are shaping a perfect escending scenario for the BTC price.

Once the target price is met (green line), we could probably see a dump to re-test the horizontal line (30K - red line) and follow the bull flag that has been forming since the 2nd of January.

BTC short term forecast | Ecency