Bitcoin can correct to support level and rebound up
Hi folks today I'm prepared for you Bitcoin analytics. A few time ago price fell to support 2, which coincided with the support zone, and in a short time, BTC declined to this zone. Next, the price fell lower and reached the trend line, after which the price started to grow and soon rose higher than support 2, thereby breaking it again. Then price made a correction to the trend line and later made a strong upward impulse to support 1, which coincided with the support zone, but at once it rebounded below. After this, BTC some time traded their and a few moments later broke support 1 too and rose a little higher. But recently Bitcoin made a correction to this level and then bounced up, where it continues to trades near the support zone now. In my mind, BTC can decline to support 1, and then rebound up. For this reason, I set up my target at the 38500 level. If you like my analytics you may support me with your like/comment ❤️
Hi folks today I'm prepared for you Bitcoin analytics. A few time ago price fell to support 2, which coincided with the support zone, and in a short time, BTC declined to this zone. Next, the price fell lower and reached the trend line, after which the price started to grow and soon rose higher than support 2, thereby breaking it again. Then price made a correction to the trend line and later made a strong upward impulse to support 1, which coincided with the support zone, but at once it rebounded below. After this, BTC some time traded their and a few moments later broke support 1 too and rose a little higher. But recently Bitcoin made a correction to this level and then bounced up, where it continues to trades near the support zone now. In my mind, BTC can decline to support 1, and then rebound up. For this reason, I set up my target at the 38500 level. If you like my analytics you may support me with your like/comment ❤️