As we can see, the price went down and reached the support line. This line starts on March 13th. Notice how the price has bounced off this line lately, this is a good sign for our idea today. You may have noticed how the price of bitcoin dropped over the weekend. I want to tell you that this reduction was technical. The market was very overbought, margin positions were opened for more than $ 20 billion at a rate above $ 60 thousand. But if we look at the weekly or monthly interval, we can see that we are in a growth zone. Therefore, today we continue to grow.
I think that the price will bounce off the support line and start its upward movement. I expect the price to reach the resistance line. This will be a profitable rise in price.📈