Bitcoin undecided, where could it go from here?

last year

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?

hive-167922 bitcoin chart inleo hive-engine

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6 comments

@precab62

last year

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

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@borsengelaber71

last year

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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@aloysiusmbaba62

last year(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.