Bitcoin / TetherUS
Short
Updated

HelenP. I Bitcoin may continue move down to $80K

2 005
Hi folks today I'm prepared for you Bitcoin analytics. Not long ago, BTC dropped to the first resistance level, which aligned with a key resistance zone, before reversing and climbing toward the second resistance level, which also coincided with another resistance area. After breaking through this level, Bitcoin continued to rise, reaching the trend line, but soon started to decline. In a short time, the price fell back to the resistance level, eventually breaking below it. However, BTC quickly rebounded, not only recovering its losses but also pushing above the trend line. After that, it reversed direction once again, dropping back to the first resistance level. Following this movement, Bitcoin bounced back, climbed to the trend line, and then began to decline while hovering near it. At one point, BTC temporarily broke above the trend line and traded within a range for some time. Later, it reversed again, falling back to the trend line, breaking through the first resistance level, and recently even dropping below the trend line. At this stage, I believe the price might push slightly above the trend line before resuming its decline. With that in mind, my goal is set at 80K. If you like my analytics you may support me with your like/comment ❤️
Trade active
Good! First target was reached. So, now I expect that BTC will make a movement up to the trend line and then continue to fall, that's why I set my 2nd goal at $75700 points:

snapshot
Trade closed: target reached
Nice one! Second goal was reached, after which BTC made correction movement up to the trend line. So great deal!

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