Bitcoin / TetherUS
Long
Updated

HelenP. I Bitcoin can grow to trend line, exiting from range

707
Hi folks today I'm prepared for you Bitcoin analytics. Recently, the price reached a support level that coincided with the support zone, followed by a correction. After this, BTC made a strong upward move to the resistance level, which also aligned with the resistance zone, breaking the support level and eventually surpassing the 102000 mark. The price then corrected back to this level, before rising to the trend line and hitting a new all-time high of 109300 points, after which it began to decline. For a while, the price traded near the 102000 level and even broke it briefly, falling below, but soon reversed and rose back to the trend line. Afterward, the price dropped to the support zone, breaking through the resistance level, and then quickly rebounded, triggering a false breakout of the 95300 level. Since then, the price has been trading within a consolidation range, and it continues to do so up to this day. I expect that BTCUSDT will decline to the support level before starting to rise again toward the trend line, slightly breaking out of the range. Therefore, my goal is set at 100800 points, which aligns with this trend line. If you like my analytics you may support me with your like/comment ❤️
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BTC declined to support level, so I expect that the price may rebound and start to grow.

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