aashumaan

Which support zone does BTC have to reach on to recover up?

BITSTAMP:BTCUSD   Bitcoin
On 5th of may bitcoin was trading at $39600.Decreasing from that point,it had fallen to the lowest of $25600 on 12th of may.this all happend between just 7 days.then,bitcoin surged a bit next day and since then bitcoin is trading between $29000 and $31000 till now.it has been seven days so far.
I am not a professional trader,but according to my perspective,if bitcoin breakes the resistence of $31000 it can go back to the price of $40000.

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