FirstNameHelen

HelenP. I Bitcoin can break support level and continue to fall

Short
BINANCE:BTCUSDT   Bitcoin / TetherUS
Hi folks today I'm prepared for you Bitcoin analytics. If we look at the chart, we can see how the price some time ago rebounded from the trend line and in a short time rose to support 2, which is located inside the support zone. Soon, BTC broke this level and started to trades near support 2, and later price declined to this level, after which it turned around and made a strong impulse up to support 1. But when the price reached this level, it first made little correction, after which it broke support 1, which coincided with the resistance zone and even rose higher. Later BTC made a small correction below support 1 and then in a short time rose to new ATH, after which it turned around and declined back to the resistance zone. Just now, Bitcoin trades very close to the support level, and for my mind, it will rise a little inside the resistance zone, after which it continue to decline to the trend line, thereby breaking support 1. I also think that BTC can even break this line and fall lower. That's why I set my target at 58900 points. If you like my analytics you may support me with your like/comment ❤️

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