The digital currency market also experienced correction yesterday, with bitcoin price correction exactly within the specified range. Due to the rapid downward movement of bitcoins, it is even possible that the specified range will be temporarily broken. But given the situation of buyers and sellers, we expect Bitcoin to have a small upward movement up to the range of $ 63,000.
The price of Bitcoin is located between a static support range and a dynamic resistance range (downtrend line). If it is supported from below, and breaks the downtrend line, it can enter the purchase, and up to the price of $ 63,000 in the first stage, and in the second stage, if the second downtrend line is broken, Bitcoin can reach the ceiling again. The previous one will climb in the range of 67 thousand dollars.
The price of Bitcoin is located between a static support range and a dynamic resistance range (downtrend line). If it is supported from below, and breaks the downtrend line, it can enter the purchase, and up to the price of $ 63,000 in the first stage, and in the second stage, if the second downtrend line is broken, Bitcoin can reach the ceiling again. The previous one will climb in the range of 67 thousand dollars.