Hello everyone, I hope you are well
Today we will try to share with you my view on the price of Bitcoin and the expected next movement
After the strong rise that got the price, the price has now reached a very strong resistance 49,000 to 53,000
I expect that we will see a price correction drop from these areas to 41,000 levels
The reason: We have a weakness in the volume + the emergence of the rising wedge pattern, and this wave pattern is very negative
In the end, I tell you, this is just an opinion I wanted to share with you. The decision is your own responsibility in buying and selling
good luck for all
Today we will try to share with you my view on the price of Bitcoin and the expected next movement
After the strong rise that got the price, the price has now reached a very strong resistance 49,000 to 53,000
I expect that we will see a price correction drop from these areas to 41,000 levels
The reason: We have a weakness in the volume + the emergence of the rising wedge pattern, and this wave pattern is very negative
In the end, I tell you, this is just an opinion I wanted to share with you. The decision is your own responsibility in buying and selling
good luck for all
Trade active
Order cancelled:
An update will be made soon
Trade active:
The drop is still going on. What is happening now is a retest of the trend line only
Trade active
Trade active
Order cancelled
Comment:
UPDATE
As long as the price is above this number, there is a possibility of visiting the price of 51.480 before falling