₿ BITCOIN To the moon? 37k incoming? ₿

₿ Referring to my previous post on Bitcoin in which I wrote that there is a high probability of a breakout from the double bottom (post pinned at the bottom)

₿ We can see that Monday and Tuesday trading session gave a new light of hope for a bump for this cryptocurrency.

₿ The level of 37k was seen from the fact that I measured the last 2 largest corrections of the downward trend, from this came out a cluster of levels 0.382 plus 0.618 fibo levels

₿ It should be taken into account that we are still in a downward trend but looking at the size of the volume bars (chart 1) You can clearly see that there have been huge purchases at the 18k-19k levels which are the biggest purchases of all time! ₿ For this reason, I just wanted to draw your attention to this cryptocurrency because I feel something big is coming up

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Comment:

Bitcoin is still struggling, this week has not brought us many new decisions on the direction of the price. First we could see a bump then today we noted corrections. I would recommend handling it with caution in the coming week and watching to see if it falls to the 18.5k level, the breakout of which would be one significant confirmation of the continuation of the downtrend