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BTC first Renko target: 35000

Bitcoin (BITSTAMP:BTCUSD)  
cryptoonchain  
BITSTAMP:BTCUSD   Bitcoin
Support and Resistance Supply and Demand Pivot Points Bitcoin (Cryptocurrency) bitcoinforecast bitcoinusd Cryptocurrency renkochart Contains image
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supportandresistance supplyanddemand pivotpoints bitcoin bitcoinforecast bitcoinusd cryptocurrency renkochart containsimage
This idea analyzes the Ranko chart in daily timeframes. As you can see, Bitcoin has started to decline after respecting the resistance of the EMA20 ($ 44,000). This downward trend continues in the chart and its first target is the support level of Rekco at $ 35,000
Bitcoin's response to this level of support will be significant. If this level of BTCUSD BTCUSD BTCUSDT BYBIT:BTCUSD BTCUSD BTCUSD BTCUSD BTCUSD BTCUSDT BTCUSDT support breaks down, we should expect a further drop in the price of bitcoin
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