Bitcoin Analysis – 08.Sep.2024
Bitcoin Analysis: By analyzing the #Bitcoin chart on the weekly timeframe, we can see that over the past two weeks, the price dropped from $65,000 to $52,500 and is currently trading around $54,400. If the price remains below $57,870, we will likely see further declines in Bitcoin. The potential targets for this drop are $50,750, $49,000, and $44,100. After a short corrective wave, we may witness a significant upward move in Bitcoin, with targets above $80,000.
(This Post on TradingView)
Author : Arman Shaban
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