Due to the fall in the price of Bitcoin, which suddenly fell to the range of 50,000$, today we see the price back of the price of this currency code to the broken area, which leads to the greening of the entire market.
However, the range that is broken at the point where this price collides with the trend line area is very important for the future market trend. The price reaction to this range can divide the future trend into three categories:
1- In an optimistic state, it can return to the channel (low probability)
2- In the normal state, it returns from this range and suffers in the trading range in the range of 58,000$ or finally 50,000$ in the long run due to the loss of the medium-term ascent. (Probably)
3- The price announced in the return chart should be a strong price, which, depending on the time we are in, may lead to larger falls to the range of 40 to 42 thousand. (Average probability)
In the coming days, we will be with you by updating this chart to get a more accurate price trend of bitcoin.
However, the range that is broken at the point where this price collides with the trend line area is very important for the future market trend. The price reaction to this range can divide the future trend into three categories:
1- In an optimistic state, it can return to the channel (low probability)
2- In the normal state, it returns from this range and suffers in the trading range in the range of 58,000$ or finally 50,000$ in the long run due to the loss of the medium-term ascent. (Probably)
3- The price announced in the return chart should be a strong price, which, depending on the time we are in, may lead to larger falls to the range of 40 to 42 thousand. (Average probability)
In the coming days, we will be with you by updating this chart to get a more accurate price trend of bitcoin.