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FirstNameHelen
Feb 4, 2024 10:17 AM

HelenP. I Bitcoin can rebound up from support level to $44800  Long

Bitcoin / TetherUSBinance

Description

Hi folks today I'm prepared for you Bitcoin analytics. A not long time ago price rebounded from the resistance level, which is located inside the resistance zone, and made impulse up to the trend line. After this price at once rebounded and in a short time declined to the support level, thereby breaking the 46200 level, after which BTC started to trades near the 41900 level. After some time trading close to the support level, BTC broke this level and started to trade in the support zone, but soon Bitcoin continued to fall and declined lower than this zone. When the price declined to 38650 points, BTC turned around and in a short time rose back to the support level, and soon broke it one more time. Later price reached the trend line, broke it, and tried to rise more, but failed and made a retest, after which continued to move up. Now, I think Bitcoin will make a correction to the support level again, after which it will rebound and continue to move up, therefore I set my target at the 44800 level. If you like my analytics you may support me with your like/comment ❤️
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