SamBlue

Bitcoin new analysis

BINANCE:BTCUSDT   Bitcoin / TetherUS
Given the position of the candlesticks and the creation of the first higher floor in the hourly chart, the situation is such that one can imagine the beginning of an upward movement.
Of course, the uptrend can not be confirmed with certainty until the daily and weekly time intervals are determined, but if we are optimistic, we may be able to announce the end of the downtrend.
According to the mentioned cases, there is a possibility of price increase, but if the price decreases, it is possible to reach the border of 38 thousand dollars, and if the market rises, we will probably see new price ceilings.

Keep in mind that a break above $ 52,000 raises the market sharply, and if it falls below $ 42,000, the market falls sharply.

Please be very careful in reopening the positions, observe the volume of investment, I hope you have a good profit

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