Technical Analysis on BTC/USDTThe signal line of the RSI indicator on the weekly chart is close to the resistance level, and if there is a crossover from top to bottom, then the correction will continue. In this case, there is a possibility of seeing Bitcoin even near the $20,000 mark! Of course, in this case, this kind of correction may frighten off some investors, but there are also those who are already preparing to buy at such a favorable price.
However, on the daily chart, at the moment the price rests against support, from where a rebound is quite possible. The RSI indicator in the neutral zone also indicates a possible resumption of the bullish trend. The MACD indicator is still in the zone below zero, however, it is starting to decline, indicating a possible transition in the opposite direction.
For more fundamental analysis, please refer to the article.
https://medium.com/bex500/is-it-another-chance-for-btc-to-hit-40k-this-week-846742e31329 Bitcoin had already reached that 40,000$ then there is no reason for questioning the capacity to increase value again.
for me ?Bitcoin will break 50,000$ within the 1st quarter and may Hit 100k for the whole year.
I may sounds over expecting but that's how supporter does , I'm not afraid of the Dump so how much for the Pump?