HelenP. I Bitcoin may reach trend line and then drop to $83000

Hi folks today I'm prepared for you Bitcoin analytics. A few days ago, the price surged from the resistance zone, aligning with the resistance level, and climbed toward the trend line. However, it soon reversed and began to decline within a wedge pattern, eventually dropping back to the resistance zone. After that, the price bounced off and moved up to the trend line before resuming its downward movement. Not long after, the price fell to the wedge’s support line, briefly breaking through the resistance level. However, it quickly recovered and returned to the resistance zone, where it consolidated for some time. Shortly after, BTC reached the trend line, which also acted as the wedge’s resistance line, and then dropped again to the support level, this time breaking below 96600 and exiting the wedge pattern. Following this breakout, Bitcoin started to rally and eventually climbed close to the trend line, before making a correction down to the 83000 support level. Recently, BTC has shown signs of recovery once again, so I anticipate that BTCUSDT will retest the trend line before reversing downward toward the support level. Given this setup, my goal is set at 83000. If you like my analytics you may support me with your like/comment ❤️

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Nice, BTC dropped and almost reached support level (my goal). So, I am still waiting until this happens.

FirstNameHelen

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FirstNameHelen

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