HelenP. I Bitcoin can fall a little and then bounce up to $64000

14 Mei

Hi folks today I'm prepared for you Bitcoin analytics. A not long time ago price rebounded from the trend line and made impulse up to the support level, which coincided with the support zone and soon broke this level. After this, BTC continued to move up to the resistance level and even entered to resistance zone, but soon turned around and fell below the 64000 level. Some time later Bitcoin broke this level again and rose even higher resistance zone, but then it started to decline and fell almost to the support level, breaking the resistance level one more time. Next, BTC rebounded and tried to rise to the resistance level, but failed and declined to the 60100 support level again. After this movement, price started to rise near the trend line and even later BTC rebounded up, but recently declined back to this line. So, just now, the price continues to trades near the trend line and I expect that Bitcoin will decline a little lower than the trend line and then rebound up to the resistance level. For this case, I set my target at the 64000 level. If you like my analytics you may support me with your like/comment ❤️