HelenP. I Bitcoin can make small move up and then drop to $90K
2025-01-13
Category: None

Hi folks today I'm prepared for you Bitcoin analytics. Some time ago, the price declined to the resistance 1, which coincided with the support zone, and then at once rebounded and started to grow. BTC in a short time rose to a 2nd resistance level, which coincided with the resistance zone, and then made at once small correction. After this movement, BTC turned around, quickly broke the 97300 level, and even rose slightly higher than the resistance zone. Price so long trades near this area and later made impulse up to trend line. When it reached this line, BTC turned around and started to decline inside the pennant pattern. In this pattern, Bitcoin soon broke the 97300 resistance level, made a retest, and continued to decline to resistance 1. After the price reached the 93200 level, it broke it and fell to low points of the pennant (91185) after which it turned around and quickly rebounded up, breaking the 1st resistance level one more time. Next, the price some time traded near this level and then reached the trend line, after which it dropped back. Recently, the price broke the 93200 level one more time, thereby exiting from the pennant and now I expect that BTCUSDT will make a small movement up and then continue to decline. For this case, I set my goal at 90000 points. If you like my analytics you may support me with your like/comment ❤️