HelenP. I Bitcoin can decline a little more and then start grow
Updated
Hi folks today I'm prepared for you Bitcoin analytics. A not long time ago price rebounded from the support level and tried to grow, but after it rose a little higher than the resistance zone, it dropped below the 58300 level, breaking it. Then BTC made a retest of this level and continued to decline to the trend line. After the price fell to this line, it turned around and started to grow inside the upward channel, where it some time rose near the trend line, which support line of the channel and later rebounded up. Bitcoin almost reached the 58300 support level, but then made correction, after which continued to move up. When the price reached the 58300 level, it at once broke it and rose to the resistance line of the channel. But recently price rebounded and made a correction movement to the support level. And now it continues to trades near this level inside the resistance area in an upward channel. In my mind, BTCUSDT will fall to the trend line and then rebound and start to grow to the resistance line of the channel. That's why I set my goal at 60800 points. If you like my analytics you may support me with your like/comment ❤️
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OK. BTC moved almost as I thought, and now it is rising in an upward channel. For this case, I think it will continue to move up to 60800 pointsTrade closed: target reached
Great! BTC reached my goal and then turned around and started to decline, we'll see what can happen later 👀
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