Bitcoin

Monthly Parameters Suggest That Bitcoin Could Touch This support

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Monthly parameters suggest that #Bitcoin #BTCUSD could touch $22,942.81.

Price is being forced into a weekly correction that has led to volume loss, #volatility and low sentiment.

However, for the upward trend to continue it is necessary to break the resistance of $27724.91, which was rejected a few days ago.

Bearing in mind the aforementioned correction, a near support is found at $24885.37. But the starting range for many will be between $23,196.56 and $26,162.12.

Consequently, the price is expected to reach the next impulse up to $40520.42 during the following months on this #Elliot Wave One

Penafian

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