The price is currently in the correction phase.
A return is expected in the next week or two.
The price inside a rectangle, the support line of the rectangular floor is around 28930 to 32055.
And the resistance line of the rectangular roof is 64900.
+
Line 42501 has a price attraction.
The two lines 56617 and 64771 have price attractions that can attract prices.
-
The failure of significant support in the 25461 range is a major alarm. After which there is a possibility of falling to the range of 12,000.
In the range of 23207 there is a price attraction that attracts the price and is drawn with a yellow line.
Ichimoku:
According to Ichimoku rules, when the price passes through a cloud, it can not return to the opposite side of the same cloud.
In other words, because the price has dropped from the green cloud in the weekly time frame, they can not go back up from the same cloud.
Therefore, in the optimistic state and the rise of the market, we should see the movement of suffering in the market for at least a while until a red cloud is formed and then the price moves upwards.
This period may last up to about 20 to 60 weeks. July to March.
In summary
My view is a reaction to the blue-collar support and the price increase in the next two weeks.
Otherwise, winter will be difficult.
I hope Bitcoin's amazing behavior is as good as ever.
Kamyar Mahmoud Arabi
A return is expected in the next week or two.
The price inside a rectangle, the support line of the rectangular floor is around 28930 to 32055.
And the resistance line of the rectangular roof is 64900.
+
Line 42501 has a price attraction.
The two lines 56617 and 64771 have price attractions that can attract prices.
-
The failure of significant support in the 25461 range is a major alarm. After which there is a possibility of falling to the range of 12,000.
In the range of 23207 there is a price attraction that attracts the price and is drawn with a yellow line.
Ichimoku:
According to Ichimoku rules, when the price passes through a cloud, it can not return to the opposite side of the same cloud.
In other words, because the price has dropped from the green cloud in the weekly time frame, they can not go back up from the same cloud.
Therefore, in the optimistic state and the rise of the market, we should see the movement of suffering in the market for at least a while until a red cloud is formed and then the price moves upwards.
This period may last up to about 20 to 60 weeks. July to March.
In summary
My view is a reaction to the blue-collar support and the price increase in the next two weeks.
Otherwise, winter will be difficult.
I hope Bitcoin's amazing behavior is as good as ever.
Kamyar Mahmoud Arabi