Btc weekly chart is not singing a melodious song. an explicit hidden bearish divergence is visible if some kind of ETF good news doesn't show up. i am still hopeful that 32k is most likely to be touched before it follows bearish divergence targeting 27.6k .
i have presented weekly btc chart. we are on a very importan level . we must hold the current 25k or we will head down towards 5k . my prediction is ,soon, we will break the upper historical resistant down trend line. i really sure that 2024 halving is near so we can't dump to 5k. soon there will be FOMO .so fasten your seat belt .bull run is about to start. good luck .
here is the monthly btc perfect chart . one thing is clear ,we are not going below 28k anymore . it's become a strong support now. i wonder , still people think , we're heading to 20k or 15k. its a joke. don't pay attention to such baseless rumours. my next resistance is 38k/ 40k. good luck and have faith on btc.
i am expecting a bounce back from the trendline . also, if we look closely at a bigger picture, there's a big reverse head and shoulder. so from here, btc next move is towards 36k ,40k .
