Rising line marked in green this is support. As long as BTC is above this line, altcoins can begin to grow strongly.
Now we need to monitor the situation very closely, because next time the rising trend line may not withstand the pressure of sales.
We will write to you in case of any updates.
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Update
Bitcoin price has broken through the upward trend line. Also in the figure you see a corrective Elliott wave (Denoted by Purple ABC), which has not yet fully formed. If the structure of the corrective wave according to Elliott continues and we ultimately reach the level of $39,566, then you can buy Bitcoin at 2-5% of the deposit
We will write to you in case of any updates.
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Update
The price of BTC did not reach the support of $39,566 and flew up. The green line remains our support, but it should not be perceived as a strong “wall”.
If we see a break through support, the price will likely fall much lower.
Now we advise you to monitor the situation very closely and keep your finger on the pulse of the market. In case of significant updates we'll write to you right away.