Bitcoin analysis
If Bitcoin breaks the 31,000 support, it will likely reach the last support area we were in on 2021, which is 28800, and there is no resistance to stop it after that until 3600, so Bitcoin has reached its maximum oversold since the year 2000 and the rise will start at any moment.
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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.