Hello TradingView Family / Fellow Traders. This is Tony, also known as Cryptony
Bitcoin has 2 huge scenarios
First of all bitcoin is now in uptrend channel final target is 35000 because we have a market structure.
Scenario 1 : to continue a push upward to 31700 then bounce back to 29900 , then targeting 35000 for changing the uptrend to downtrend channel .
Scenario 2 : continue correction to 27400 then make a huge bounce to 35000 final target .
Bitcoin has 2 huge scenarios
First of all bitcoin is now in uptrend channel final target is 35000 because we have a market structure.
Scenario 1 : to continue a push upward to 31700 then bounce back to 29900 , then targeting 35000 for changing the uptrend to downtrend channel .
Scenario 2 : continue correction to 27400 then make a huge bounce to 35000 final target .