Upcoming Bitcoin Price Movements Forecast
Scenario Target Price Level #BTC
Slight Dip (like in May) $73,873 a drop of 3% to 4% (0.5 Fibonacci level).
Medium Drop (like in March) $71,773 a drop of 6% to 7% (0.618 Fibonacci level).
Crash (January scenario) around $60,000 happens only if long-term investors go net short.
Start of Recovery and Bounce $75,973 requires a daily close above this level to break the bearish scenario.
Return to Full Bullish above $82,772 fully regaining the uptrend and above all moving averages.
#BTC $BTC
Scenario Target Price Level #BTC
Slight Dip (like in May) $73,873 a drop of 3% to 4% (0.5 Fibonacci level).
Medium Drop (like in March) $71,773 a drop of 6% to 7% (0.618 Fibonacci level).
Crash (January scenario) around $60,000 happens only if long-term investors go net short.
Start of Recovery and Bounce $75,973 requires a daily close above this level to break the bearish scenario.
Return to Full Bullish above $82,772 fully regaining the uptrend and above all moving averages.
#BTC $BTC