Jalalpkz

Starting a downtrend?

Jalalpkz Updated   
KUCOIN:BTCUSDT   Bitcoin / Tether
According to the trend line and previous Bitcoin movements, the price is likely to return to 54,000, and the presence of positive news in the market can also mean that the whales want to sell to others at a higher price for a profit and buy at a lower price.
So if it's not weird news to pump the market, the first target is the line and the price is 54,000.
And then, if the trend line is not broken, start the uptrend to higher targets


Note that there is no certainty in the market and it should not proceed according to my analysis.
This analysis is my personal opinion and can be different for everyone.
Comment:
If the market does not fall to 54,000, it will probably suffer until the trend line and go to the moon.
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