Bitcoin Bullish-analysis
My analysis reflects a positive fluctuation (target 45513.26).
The analysis consists of these 5 different levels.
A support level (fluctuation level) of $35535.78, $37486.66, $39617.60 and the strongest support level of 32888.94
A resistance level of 44454.10
I have positioned my purchases at these support levels as both levels are extremely strong. The ongoing price declines have been due to the fact that bitcoin has been through a hefty hardship, which has led to an all-coin crash. I do not think we have reached a bottom, but a position at one of these support levels can ensure a positive return when the crypto market turns around.
The analysis consists of these 5 different levels.
A support level (fluctuation level) of $35535.78, $37486.66, $39617.60 and the strongest support level of 32888.94
A resistance level of 44454.10
I have positioned my purchases at these support levels as both levels are extremely strong. The ongoing price declines have been due to the fact that bitcoin has been through a hefty hardship, which has led to an all-coin crash. I do not think we have reached a bottom, but a position at one of these support levels can ensure a positive return when the crypto market turns around.
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