Considering the corrective trend and the resistance range that Bitcoin showed compared to the previous wave, it is expected that the downward movement will continue and the targets are in the range of 55000 and 53000 respectively. If the price crosses the resistance of the 64800 range and stabilizes, this analysis will expire.
Trade closed: stop reached:
Unfortunately, it did not hit the targets that we considered below, and in the second part of the analysis, we said that if the price reaches 65,000 dollars and stabilizes, this analysis will expire and continue to rise and the upcoming targets are $74,000 and the farthest target is $83,000.