We are currently in a downtrend
And a descending channel is formed in it
The target in this channel is the range of $ 16,000 but
The opposite can be proven if $ 45,000 is broken upwards in the first step and the $ 50,000 upwards break in the next step.
The chart first shows the $ 32,000 correction
Disclaimer:
This is just a theory and it may or may not happen
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.