🔥 BTC/USD - Another Bull-Run ? (READ THE CAPTION FOR MORE INFO)

By checking the bitcoin chart, we can see that the price, after Collecting the BUY-Side liquidity above of the $47,950 resistance with growth up to $49,000, followed by a fall and corrected to the range of $41,500! Now the price has reached a demand range, and if the price stabilizes above $40,400 and does not penetrate below this level, we can expect Bitcoin to grow again to $45,500 as the first target! After that, this analysis will be updated!

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Comment:

By checking the bitcoin chart, we see that according to the latest analysis, as expected, bitcoin was supported in the range of $41,700 and was able to grow up to $43,600! Bitcoin is currently trading in the range of $42,400 and if it cannot maintain the current support, we will probably see it fall further! Note that this analysis is complementary to the previous analysis!