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BINANCE:BTCUSDT   Bitcoin / TetherUS
BTC/USDT

Bitcoin penetration was activated by penetrating and stabilizing below the $ 32,000 range ...

As mentioned in the previous analysis, the short-term downward trend or the long-term corrective trend of the market has not ended and in terms of time, according to the studies, there are 40 to 50 days left from the price correction period.

By re-examining the 4-hour timeframe, penetrating the $ 32,000 range, it expects to move to 40,000 and temporarily increase the price of its credit, and with the completion of the specified period, the price of Bitcoin is expected to enter a new downward wave.

Looking at the above timeframes, the most important and final support for this currency is around $ 24,000, and the price can be downgraded over the forecast period.

In case of any change, the analysis will be updated again

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