Price dropped massively yesterday to hit 30k which mean more than 50% from current ATH
This drop is huge but if you compared it with previous bull runs in 2013 and 2017 you will similar ones and bull market continue
📌What Next ?...
On weekly chart we can see how 30k is very important and have alot of supports here
1- In log scale you can see we tested lower trendline of bull run channel that started from march 2020 and still intact
2- In same time we test 50W (yellow line) which held the price for more than 1 year
3- Also 30k level equal 1.618 fibonacci level
📌 What That Mean ?
ABOVE 30k weekly : iam and my targets : 46k - 63k - 80k +++
BELOW 30k weekly : we can see 26k- 22k -18k or even below
this update is based on weekly Analysis not daily or hourly...daily and hourly we have multiple resistances and supports in between
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