Long

Bitcoin can correct to support line and then rebound up

Hello traders, I want share with you my opinion about Bitcoin. Observing the chart, we can see that the price some days ago rebounded from the mirror line and made a strong upward impulse to the 40250 support level, which coincided with the buyer zone. Soon BTC broke this level and continued to rise, but later it made a correction to the mirror line. After this, the price rebounded higher than the 43250 resistance level, which coincided with the seller zone, and then started to trades inside the range. In the range, BTC declined to the 43250 level and then bounced up to the top part, where later price started to decline. In a short time price fell below the 43250 level, thereby breaking it and continuing to fall close resistance line to the support level. After declining to the 40250 level, the price bounced up to the resistance line, broke it and now it continues to rise. For my mind, Bitcoin can correct the support line and then the price can rebound up to the 43250 resistance level. Therefore I set up my target at this level. Please share this idea with your friends and click Boost 🚀

LegionQ8

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LegionQ8

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