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The price trend of bitcoin seems to be again in the range of 31 thousand to 29 or even in the worst case below the range of 28 thousand (which we called the selling point), Neutral zones are great for hourly trading.
Trading points, resistance areas and hourly trading range are identified in the analysis
Note: Considering the volume of SELL made in recent weeks, it seems that 28,000 have very strong support
Our analysis is purely a personal opinion Please make any transaction with your personal opinion and knowledge. -----------------------------------------------------------------------------------------
sellpoint <28600
neutral-ZONE >28900 ----40000 ~ (good for Hourly trade)
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As expected,
Bitcoin reacted strongly to the 28,000 support zone, now, after passing the 40,000 resistance zone, it is attacking the 47,000 resistance zone, which is very important and if It will be able to pass through this area, it will continue to move until about 48,500
and after that we will have the possibility of price correction .
notice: If the bit fails to break the 47,400 resistance area, we should expect the price to move in the range of 47,000 to 41,000 in the medium term.
Let's be together with the new bitcoin update, like and follow us
As expected,
Bitcoin reacted strongly to the 28,000 support zone, now, after passing the 40,000 resistance zone, it is attacking the 47,000 resistance zone, which is very important and if It will be able to pass through this area, it will continue to move until about 48,500
and after that we will have the possibility of price correction .
notice: If the bit fails to break the 47,400 resistance area, we should expect the price to move in the range of 47,000 to 41,000 in the medium term.
good luck
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