BITCOIN Forecast

EWM

Trader
Dec 25, 2021
18
0
7
28
  • Bitcoin On 4 Hour Timeframe Is A Bullish Trend.
  • Support And Resistance Levels On The BTC/USD : $43,513 Support , $48,908 Resistance.

Will Bitcoin Go Up Or Down ?​

  • Our Wave Prediction Suggests To Reach $55,000 , But If Price Exceeds The Level Of 32990.72 The Bullish Scenario Will Be Canceled.

When Can You Trade In Bitcoin ?​

  • If Bitcoin Exceeds $45483.65, The Price Expected To Continue In The Uptrend Movement (Confirmation Level).
  • If BTCUSD Exceeds $36270.47, The Price Expected To Continue To Fall (Invalid level).
  • If Bitcoin Reached $50,000 Level, The Price Expected To Rebound Downward (Resistance Area).
  • If BTCUSD Reached $42,500 Level, The Price Expected To Rebound Upward (support area).
https://elliottwavemonitor.com/bitcoin-btc-usd-forecast/