#BTC
Is Bitcoin going to rise??
$BTC prepare to enter very important zones, this analysis is intended for long-term trades or coin purchases.
I share my analysis
The initial zone is a very strong area as it has accumulated money, and that would represent a barrier for the price to fall too much (these are peaks of accumulation of previous highs). This initial zone is for the price of Bitcoin to rise, you must take into account that this analysis is on a weekly timeframe.
If the price is determined to drop from the initial zone (I doubt that will happen as there is a lot of resistance), but assuming it manages to pass the first zone. I consider the terminal zone as the key and final point where the price could fall and it would be a more than successful purchase.
How to be sure of my entry?
If you notice that the price reacts in the initial zone rising to 94k, we expect the price to drop a little and boom we make an effective entry expecting it to exceed highs like 120k.
We must stay alert as this will happen in the next 6 months counting from APRIL.
Good luck to everyone 🤞😇
