The first and defining area was the green area that prevented further bitcoin from falling, which included the support zone and the channel floor area.
The second limit is the price range of 63,000, and if Bitcoin can break this range and stabilize above it, we can expect that Bitcoin will maintain its upward trend for at least half a year. But if it fails to break this resistance zone, the doublet trend will decline and it will at least reach the bottom of the canal again.
The third determinant range in this range is the risk of investing in bitcoin, so if the downward trend of bitcoin is expected to fall sharply, first to the price range of 49,000 and then continue to fall to the price range of 41,000 and finally the price range of 30,000 Touch.
Trade closed: target reached
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This week we saw something for Bitcoin that we predicted on April 26th. But it seems that this trend will continue until we see a price drop of about 32,000 to 30,000.