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Saturday, October 23, 2021

Date: 10/24/2021. Gas Lee Sun Presents: Day Chart Analysis About Cryptocurrency Bitcoin πŸ’° [BTC] #Bitcoin #Btc #Day #Chart #Analysis

BTC broke to the upside of thin pink downtrend line, and now it looks as if Bitcoin is going to be heading towards thick teal uptrend line, but in order for BTC to get back into thick teal uptrend line bitcoin must close above thin purple line @ 65.7k price area today 😯 Also that would make bitcoin break clear above the negative thick purple downtrend line... Since btc did break to the upside of the thin pink downtrend line a little early, and didn't max out during the dump YESTERDAY... there is a strong possibly that btc could come back down to retest thin red line @ 57.2k today. If BTC decides to fake out below thick blue downtrend line, Bitcoin must close above thick red line & thick black uptrend line @ 56k price today, or Btc could downtrend towards MUCH lower price levels πŸ₯ΊπŸ“‰ like 50k price area.

IF BITCOIN CLOSES ABOVE THICK PURPLE  DOWNTREND LINE @65.7K TODAY, BTC WILL BE BULLISH ONCE AGAIN πŸ€—πŸ“ˆ BTC COULD MAX OUT AROUND THIN YELLOW LINE IF IT DECIDES TO BREAK ABOVE THICK PURPLE DOWNTREND LINE TODAY.

51.5 thousand price area IS the max dump level bitcoin could go today.... Extra MAX worst case scenario πŸ“‰πŸ˜ˆπŸŒ§ low chance.

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