I'm forecasting a short-term correction for Bitcoin, with the price potentially dropping to the $30,000 range. After this dip, I anticipate a rebound leading to a rise toward the ATH area and above (270K~~). This movement aligns with historical support and resistance levels and suggests a potential buying opportunity around the lower price point for a move back to the mid-$50,000s.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.