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Thursday, September 30, 2021

Month: OCT 2021- Gas Lee Sun Presents: Month Chart Analysis About Cryptocurrency Bitcoin πŸ’° [BTC]

Bitcoin couldn't continue the thin black line uptrend line and closed @ 43.5k. In order for bitcoin to continue orange uptrend line it must close above thin yellow line; 45 thousand November 1st... If bitcoin can close above thick blue line next month, btc could max out around thick yellow line; 62 thousand price area...πŸ“ˆπŸ€”πŸ“‰ In order for bitcoin to get back in previous thin black uptread line, BTC needs to close above 60 thousand Nov first... Since Bitcoin cant continue thin black uptrend line... looks like Btc could max drop to thick red line; 30 thousand price area this Oct month.. 🐳

last black uptrend support is @ 34k. Bitcoin must not close below there, or bitcoin could hyper drop in price towards much lower closing levels 🎣😯

Remember BTC CLOSED TO THE UPSIDE OF THE THICK BLACK DOWNTREND LINE WHICH MEANS BTC IS STARTING A BULLISH TREND... OF COURSE BITCOIN HAS TO RETEST THE NEGATIVE THICK BLACK DOWNTREND LINE AGAIN, IN ORDER TO CONFIRM THAT THE CLOSED BREAKOUT WAS GENUINE... BITCOIN COULD KEEP BOUNCING ON THE OUTER BAND OF THE THICK BLACK LINE... πŸ“‰πŸ€”πŸ“ˆ 

 

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