The monthly Bitcoin candle will be closed for the next few hours, with this condition, its close will be under the key support of 19,890 and it is unlikely that it will be able to rise above 20,000 in the remaining hours, although it tried today and was unable to maintain the high price of the area. It was 20,000.
Having said that, if we want to move according to the previous price and time cycles and consider the amount of movement of the last cycle as the first cycle, in the next two months we can expect the price to reach the area of 10,000 to 11,000.
Having said that, if we want to move according to the previous price and time cycles and consider the amount of movement of the last cycle as the first cycle, in the next two months we can expect the price to reach the area of 10,000 to 11,000.