HelenP. I Bitcoin will fall to support zone and then start rise
2024-12-26
Category: None

Hi folks today I'm prepared for you Bitcoin analytics. A few moments ago, the price reached the resistance level, which coincided with the resistance zone and broke it. Then price made a retest and some time traded inside the resistance zone, after which it rebounded and started to grow to the trend line. When BTC grew to the trend line, it turned around and made impulse down to the 101000 resistance level, broke it, but later it tried to grow and failed. After this, the price continued to decline and fell until below the support level, which coincided with the support zone. Later BTC rebounded up to 99250 points and then started to decline. In a short time, the price fell to 92700 points, breaking the support level and soon turned around and made impulse up to the trend line, breaking the support level one more time. After this, BTC some time traded near the trend line and later broke this line too, and rose a little higher. But a not long time ago, the price dropped to the support level, breaking the trend line one more time, and now trades close to this level. So, I expect that BTCUSDT will fall to the support zone, after which it can start to grow to the trend line. When it reaches this line, the price can break it and continue to move up next. That's why I set my goal at 98K points. If you like my analytics you may support me with your like/comment ❤️