The price activated our first scenario and if you look at the chart and last analysis the price exactly after the broke its started to have some correction and after the correction will complete its ready to continue its movement to the resistance zone area that we shown it on chart, we expect the price can complete its correction in the zone that we shown on chart and becareful this is just break and until now we dont have any acceptance to ahve a trend but the most important thing is the price if its wanna go up more its need to break the 53k but until this zone its not break the price has a chance to drop more .
If you wanna know about the movement of Bitcoin and learn macroeconomy and fundamental analysis, you check our previous serial analysis of Bitcoin.