HelenP. I Bitcoin will drop from resistance level to $59100
2024-10-07

Hi folks today I'm prepared for you Bitcoin analytics. Some days ago price entered to wedge and at once rebounded fromresistane line and started to decline. In a short time, BTC fell lower then support level, which coincided with the support zone, but then it tried to back up and failed. Next, the price dropped to the trend line, which is the support line of the wedge also, and then started to grow. BTC quickly rose to the 57500 level, broke it, and later made a retest and continued to move up. Later, the price reached the resistance level, which coincided with the resistance zone, and some time traded near this level. Then BTC broke the 63600 level and later rose to the resistance line of the wedge, after which turned around and made an impulse down, thereby exiting from the wedge and breaking the resistance level as well. After this movement, BTC little declined more and not long time ago rose back to the 63600 level. So, now I expect that BTCUSDT will rebound from the resistance level and drop. Therefore I set my goal at 59100 points. If you like my analytics you may support me with your like/comment ❤️