Bitcoin can fall a little and then continue to move up
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Hello traders, I want share with you my opinion about Bitcoin. Looking at the chart, we can see how the price a few days ago bounced from the resistance level and fell to the support line. After this, the price at once bounced back and even rose higher of the seller zone. But soon BTC declined to the support level, which coincide with the buyer zone, after breaking the support line and retesting it. Next, the price some time traded near the support level and even fell below the buyer zone, but at once backed up and later BTC made a strong impulse to a higher of resistance level. Then the price started to decline and in a short time fell to the support level again. Some time ago price bounced from this level and now trades a little higher of it. Therefore I think, Bitcoin can make a little correction to 30250 and then continue to move up. For this case, I set my target at the 30650 level. Please share this idea with your friends and click Boost 🚀
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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.