The possible scenario for the movement of Bitcoin... if we consider 31000 as the end of wave C, with the price leaving the bottom of the upward channel and losing the 25000 area, we should look for the price to reach lower floors, but by maintaining the 25000 area or leaving the price from The ceiling of the smaller descending channel is likely to be broken at 31,000 and the price can grow up to the range of 45,000 in the continuation of the correction of its main downward trend.

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.