Bitcoin analysis #1
Here is the periodic market analysis for the bitcoin, let's see together where the market could go for the next few days.
in the next days we will have to wait for a descent towards the value of 3600 - 3500 and then confirm the figure of the triangle.
But this could reverse if the level of 3800 would regulate then we could find a turnaround towards 4200.
In this case we can then expect a slight increase in the value for the month of March, but this will be confirmed by the candle that will be formed on wednesday or thursday.
in conclusion we must wait for the candle on Wednesday or Thursday to see what movement to expect in the days to follow.
The levels to keep in sight are 3800 and 3960.
Thanks and see you soon, good trading at all.