I think the fantom is dumping
Cuz it lost the very important level of support
With the Break of the $40,000 bitcoin price will go up to the $52,000-$53,000 range
I think the cryptocurrency is down to the $4.02 range. And from there it will go up to $5.1. The profit of this transaction will be about 26%.
Sellers at this price level prefer to sell trades because here is the level of price psychology.
I think bitcoin is going to touch the price of $45,500 again. And from there continue to its $38,000 fallout range.
According to the available evidence, this price range is psychologically important, so we expect the price to drop.
bitcoin can fall down from 51200$ to 48600$
cuz we have resistance in 51200$
I think that in this area of psychology, the price of the fall will be rotating, and it will reach $3,200.
According to bitcoin's recent behavior, the price is expected to return to the $52,000 range. And from there, continue to fall again to reach $37,400.
Bitcoin can go up to $ 63500.
And from there it can go down to the $ 56,600 and $ 54,000 limits again.
If the price of Bitcoin creates a return pattern at $ 63600.
The price can go down to $ 55555.
And at $ 55,555 it will continue to grow again to $ 72,000
Bitcoin is breaking $ 44,000.
With the closing of the four-hour candle.
We can expect the price to rise to the $ 60,000 price range
I think Bitcoin can go down to the $ 45,500 range. And from there we have to wait for the next reactions.
Most traders in this Fibonacci level close their own buying positions.
For this reason, the price can adjust to the range of 2.14
The price seems to have lost its Fibonacci support at around 45,500.
It is now pulling back to fall to the 36600 range