Bitcoin is still completely CLOSED ABOVE thick orange downtrend line, and created thin purple uptrend line above thick teal uptrend line & Btc is LOOKING SUPER SUPER SUPER BULLISH towards thick yellow line @ 67.4k price area... In order for BTC to stay above thin purple uptrend line bitcoin must close above thick purple line @ 64.4k price area today π― In order for bitcoin to continue thick teal uptrend line BTC needs to close above thick pink line @ 61.4 thousand price area today... If BTC decides to fake out below thick orange downtrend line, getting back into orange triangle, bitcoin will need to close above thin pink line @ 59.4k price area today in order not to break towards the downside of thick orange downtrend line heading towards thin red line @ 57,000 thick orange uptrend line today...
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Tuesday, October 19, 2021
Date: 10/20/2021. Gas Lee Sun Presents: Day Chart Analysis About Cryptocurrency Bitcoin π° [BTC] #Bitcoin #Btc #Day #Chart #Analysis
IF BITCOIN CLOSES ABOVE THICK PURPLE LINE TODAY BTC WILL BE BULLISH TOWARD 64.4 PRICE AREA, VERY VERY SOON... π€π BTC COULD MAX OUT AROUND 68,000 TODAY OF IT DECIDES TO BREAK ABOVE THICK PURPLE LINE.
Bitcoin must close above thick red line & thick black uptrend line @ 54,900 price today, or Btc could downtrend towards MUCH lower price levels π₯Ίπ like 50k price area
51.5 thousand price area IS the max dump level bitcoin could go today.... Extra MAX worst case scenario πππ§ VERY VERY VERY VERY low chance.
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