According to the bitcoin chart in the 4-hour time frame, the price is between 45500 and 52000. In the 4-hour timeframe of Bitcoin, after breaking its downtrend line (red line) and Pulbeck, it was able to break its full downtrend trend line and reached 52,000 with a price jump, but failed its static resistance in this price range. Break and is pulling back to its downward risk (blue line) in daily timeframe. Bitcoin is expected to return from this area, which has both static and dynamic support, and take an upward trend. If the resistance of $ 52,000 is broken, it is expected that the loss limit of short positions will be activated and also a large number of long orders will be activated, in which case one can expect prices of $ 56-57 thousand in a short time.
But another scenario could be the breakdown of support, with Bitcoin falling below 45,500, in which case a valid support, which is the demand area, is in the 41,000 channel.
If this support fails, it can be said that the market has become bearish and the long-term trend of bitcoin has declined.
Among these, some news and data can also be mentioned. One of the most important of them can be the historical record of Bitcoin Bitcoin.
As can be seen in the bitcoin hash chart, bitcoin hash managed to reach 200 exa hashes, which is its historical ceiling. Another diagram shows the difficulty of the Bitcoin network. Due to the rise of Bitcoin, the difficulty of the network is expected to increase in the next update, in which case the income of miners will decrease. This can reduce the supply of bitcoins by miners, so there is an expectation that bitcoin prices will rise.
But another scenario could be the breakdown of support, with Bitcoin falling below 45,500, in which case a valid support, which is the demand area, is in the 41,000 channel.
If this support fails, it can be said that the market has become bearish and the long-term trend of bitcoin has declined.
Among these, some news and data can also be mentioned. One of the most important of them can be the historical record of Bitcoin Bitcoin.
As can be seen in the bitcoin hash chart, bitcoin hash managed to reach 200 exa hashes, which is its historical ceiling. Another diagram shows the difficulty of the Bitcoin network. Due to the rise of Bitcoin, the difficulty of the network is expected to increase in the next update, in which case the income of miners will decrease. This can reduce the supply of bitcoins by miners, so there is an expectation that bitcoin prices will rise.