Hi folks today I'm prepared for you Bitcoin analytics. Some time ago price declined to resistance 1, which coincided with the resistance zone, and at once rebounded up to resistance 2. After this movement, it broke resistance 2, which coincided with one more resistance zone, and started to trades inside consolidation. In range, the price some time traded near resistance 2 and then in a short time rose to the top part of a consolidation, where later BTC reached the trend line and turned around. Then price started to decline between the trend line and firstly it fell lower resistance 2, thereby breaking this level and exiting from consolidation also. Next, BTC quickly declined to resistance 1, and broke it recently, after which continued to fall to 49K points. But a not long time ago it turned around and rose a little, so, for my mind, BTCUSDT will decline to 49K points again and then rebound up higher than the trend line. For this case, I set my goal at 55K points. 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 & start making big profits welcome to my paid VIP signals group, write me✏️ bit.ly/4grtzW3
❤️Welcome to my telegram channel👉🏼 bit.ly/418mk0x
ThinkMarket Ambasador Join & explore bit.ly/3YLyRVV
❤️Welcome to my telegram channel👉🏼 bit.ly/418mk0x
ThinkMarket Ambasador Join & explore bit.ly/3YLyRVV
Disclaimer
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.