Bitcoin undecided, where could it go from here?

Chart Situation

These days the Bitcoin price is trading sideways between 40-45k Dollar. If we fall downwards the next support levels are at 38k and 35k. That could well be the target of a possible correction.
If we rise above the 45k we have a chance to test the old ATH shortterm or at least go into the fifties price range.

Of course the background of the current sideways movement is everybody waiting for news on the spot ETFs but in my view also the Christmas season, with a lot of investors on holidays.

Are you expecting a break up- or downwards?



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9 comments
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NO one can say anything about it correctly.

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We might be dropping below $41k soon

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(Edited)

My prediction, but of course it's only just a prediction, it that btc will reach 50k before the halving and then after the halving eyes will be on 300k to 1m.

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We might see BTC hitting $45k before this year ends. I strongly believe that

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Yeah, could well be. 👍🏻

PS: Welcome to Hive! Saw you just joined a week ago. Don’t forget to do an introduction post. 😉
Greetings from Germany 🇩🇪

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