Bitcoin / TetherUS
Short

Btc after possible retest resistance area can continue to drop

1110
Hello traders, I want share with you my opinion about Bitcoin. When observing Bitcoin, we can see how the price after the fake breakout of the support area 27350-27100 began an upward movement. The price reached the resistance level 29885, bounce off, and dropped to the support area. After a retest of the support area, Bitcoin continued to rise and traded below the resistance level for some time, after which re-tested it and declined. We see how Bitcoin rose and over time created a head and shoulders figure, after which it continued to decline and fell to the support area. After re-testing the support area, the price made an upward correction, continued to fall, broke through it, and to decline. Not long ago, the price began to rise and is now trading close to the current resistance area 27100-27350 and can rise and test it. After possible retesting the resistance area, Bitcoin can continue downward. So I set the targets at level 26200 and at level 25600. Please share this idea with your friends and click Boost 🚀

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