Hi folks today I'm prepared for you Bitcoin analytics. A few days ago price traded near support 2, but later it made an impulse down to the trend line, thereby breaking this level. After this movement, BTC in a short time backed up and then tried to rise higher, but failed and made correction to support 2. A well then Bitcoin made a strong impulse up to support 1 and even rose to the support zone, but soon fell below. Price some time traded below support 1 and then rose back to the support zone, but BTC didn't fixied and in a short time declined to the trend line. After this, Bitcoin rebounded from the trend line and rose higher than support 1, breaking it one more time. Then price made a correction to the trend line, but recently it backed up and now trades near the support zone. Also, BTC formed a wedge pattern, in which the price continues to trades to this day. At the moment, I expect Bitcoin will to correct to support level again and then rebound from it. That's why I set my target at the 45500 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 & 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.