HelenP. I Bitcoin can rebound up higher than trend line

11 cze

Hi folks today I'm prepared for you Bitcoin analytics. A not long time ago price rebounded from the trend line and reached the support level, which coincided with the support zone and even rose higher than this level, but soon it turned around and fell back to the trend line. After this movement, BTC made a strong impulse up from the trend line, thereby breaking 66800 and 71100 levels, after which turned around and started to decline inside the triangle. Soon, the price broke the 71100 level one more time and fell to the support level, after which rebounded and rose to the resistance line of a triangle pattern. But soon, Bitcoin fell to the trend line and then made impulse up to the resistance zone, exiting from the triangle and breaking the resistance level again. Then price some time traded in the resistance zone, after which turned around and dropped to the trend line first, and recently broke this line and fell to the support level. For this case, I expect that BTCUSDT will turn around and start to grow to the trend line. When the price reaches this line, BTC can break it, make a retest, and continue to move up, therefore I set my goal at 69600 points. If you like my analytics you may support me with your like/comment ❤️