BTCUSD wait and buy

The basis of the upward movement of bitcoin is support from October 2020.
The price touched the line at least 4 times.
After the last touchdown (in February in the 43564.4 zone), the price rose to its all-time high of 61840.9.
Then it began to fall and formed a channel.
At the end of last week, the price bounced off the support zone (line of December 2020 + trend line ) 50893.1.
Then it rose to resistance 56050.4 and fixed on it.
Now I expect to fall back to support 52069.3.
From this point, you can open a purchase.
SL - 48398.0.
TP - 61332.9.

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BTCUSDForexLONGTrend Analysis

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