My Bitcoin Prediction for Next Week

in CryptoDog4 months ago

This is my thinking process in order to get a nice trade next week in Bitcoin

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In this graph (D1) we can see that we closed the week with a nice push from the bull side making a new high.

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Going a bit deeper in the time frame (H4) we can see that the price has made a nice structure around 46k and how the bulls were in control since Tuesday.

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Finally in H1 will be looking for some retracement before trying to go long. Even though we already now that bulls are in control and that we will probably make a new ATH next week i would like to wait a bit, don't get FOMO and take a good entry.

What do you think that's going to happen?