HelenP. I Bitcoin can break trend line and then rebound up
Updated
Hi folks today I'm prepared for you Bitcoin analytics. Not long ago, the price made impulse up to the resistance level, which coincided with the resistance zone, thereby breaking the 56700 support level. After this, the price some time tried near this level and later dropped to the 56700 level, after which it turned around and started to move up. In a short time, BTC reached the 61800 level again and even broke it, after which rose higher than the resistance zone to the trend line. Next, the price started to decline between the trend line and firstly quickly fell to the 61800 level and broke it one more time. Then price fell more, but later turned around and rose to the trend line and continued to decline near this line. At the moment, the price is trying to break this line, so, in my mind, BTCUSDT will decline below the trend line and then rebound up, breaking finally this line. For this case, I set my goal at 60500 points. If you like my analytics you may support me with your like/comment ❤️
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BTC finally broke trend line and continued to move up. For this case, I expect that price will make little correction movement and continue to move up to resistance level, which is my new goal:
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Sadly, but BTC dropped lower than the trend line, breaking it and even breaking the support level. Now, I think that it can little decline and then start to grow, we'll see 👀
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