Bitcoin was unable to stabilize at its level of 42,000 thousand and fell to 37,000 thousand dollars. And now, in the weekly time frame, it has been fluctuating inside its ascending channel for 9 years, and this channel has a super-powerful reputation. The middle range of the channel is exactly in the range of $ 65,000, when the price hit and began to fall. Currently in the green pitchfork line, every time the price has hit this range in the past, it has caused a pump and a growth of several thousand percent bitcoin, marked with green arrows, so now the price is close to this level. Bitcoin support with blue lines marked (range $ 37,000) and the price is expected to support these limits or eventually $ 30,000 and start its powerful pump again.
ð For now, we advise you not to be in the negatives of the seller market and wait for a strong price return.
ð For now, we advise you not to be in the negatives of the seller market and wait for a strong price return.