Bitcoin can start decline to support level and try to break it

BINANCE:BTCUSDT   Bitcoin / TetherUS
Hello traders, I want share with you my opinion about Bitcoin. Looking at the chart, we can see how the price fell firstly to the 25700 support level, which coincides with the buyer zone, at once bounced up, and some time traded nearly there. Also soon, the price declined to the buyer zone, and then it rebounded and made impulse up to the current resistance level, but soon rebounded down and in a short time declined back to the buyer zone. Later, BTC broke the 25700 support level and declined to the support line of the pennant, where it at once bounced and made a strong upward impulse higher than 25700 26450 levels, to the resistance line, but when it reached this line, Bitcoin rolled down below. After this, the price continued to rise and soon reached the 26450 level again, which coincided with the support area and even later broke it. As well, the price reached the resistance line again, but at once rebounded and made corrections to the support line, and then continued to move up. But a not long time ago, Bitcoin exited from the pennant, and at the moment it trades very close to the support area. In my mind, the price can start to decline to the support level and try to break it. After the breakout, the price can make a retest and then continue to fall, therefore I set up my target at the 26000 level. Please share this idea with your friends and click Boost 🚀

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