Short

BITCOIN Daily TA : 12.29.21 : $BTC

Examining the bitcoin chart in daily timeframe, we see that the price attacked this important resistance level for the second time to break the resistance of $ 51700 and again failed to break this range, as we see now $ 51700 has become a trading node And became the most important resistance right now for Bitcoin, and breaking it requires a lot of power. We will move on to the second scenario, the bearish scenario: According to the bearish spike that was formed last night, the first important target of the fall will be 47K , and then the bottom of the trading range (neutral range) will be around $ 45,500. We will decide after the price reaches this level and see the reaction to it. (If this very important support is broken, the next level of support will be in the range of $ 37,700 to $ 39,000) .

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⚠️ This Analysis will be updated ...
👤 Arman Shaban : ArmanShabanTrading
📅 29.DEC.2021
⚠️(DYOR)

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