BTCUSD Bitcoin long term forecast - Sell(short) - Forex Trading Today
I expected Bitcoin to plunge, last fall, and the prediction was right.
Bitcoin is taking a sideways walk, and some people expect it to rise.
Perhaps, it might surge someday. However, it is unlikely that it will go higher than 4960. If it rises above 4400, it will be a good selling opportunity.
Bitcoin is likely to go down one more step. In that case, the first support line would be around 2550, and the secondary support line would be around 1830.
Who made Bitcoin, and Why? Could it survive? We need to think about.
[Bitcoin weekly chart, BTC/USD]
Bitcoin is taking a sideways walk, and some people expect it to rise.
Perhaps, it might surge someday. However, it is unlikely that it will go higher than 4960. If it rises above 4400, it will be a good selling opportunity.
Bitcoin is likely to go down one more step. In that case, the first support line would be around 2550, and the secondary support line would be around 1830.
Who made Bitcoin, and Why? Could it survive? We need to think about.
[Bitcoin weekly chart, BTC/USD]