HelenP. I Bitcoin can rebound of trend line to $31500
870
Hi folks today I'm prepared for you Bitcoin analytics. If we look at the chart, we can see how the price a some days traded close support 2, which coincides with the support zone. Also later, BTC fell below this level to the trend line, where it soon bounced and made impulse up to support 1, thereby breaking support 2. Next, the price few time traded below support 1 in the support zone and then bounced up, entering consolidation. Inside consolidation price sometimes decline to the support zone and after this backed up. And a not long time ago price fell again to the support zone, but this time, BTC touched the trend line and then bounced back. Now, the price continues to trade in consolidation and I think that Bitcoin can decline to the trend line again, and then bounce up to the top part of consolidation. Therefore I set up my target at the 31500 level. If you like my analytics you may support me with your like/comment ❤️
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🚀If you want became part of my trading team, follow all my personal trades and start making big profits in trading welcome to my paid VIP signals group, write me ✏️ bit.ly/4grtzW3
❤️ Welcome to my free telegram channel 👉🏼 bit.ly/418mk0x
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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.