BINANCE:BTCUSDT   Bitcoin / TetherUS
Bitcoin ♻️

Bitcoin jumped up after the support test of 32900 and was able to move up to 38500

But this does not seem to be the end of the downtrend, and the pullback to the lost level was probably $ 39000- 40000$ , According to the ABC model, which was analyzed 4 days ago, the level of 29000-30000$ not been tested yet and the cycle has not been completed⚠️

Bitcoin needs at least a few strong 4-hour candlesticks with a high volume, over 40000$ , to climb and end the correction and downtrend.

But tonight, after the Federal Reserve meeting and the release of economic statistics and a statement on digital currencies, we can better understand the market decision and trends ❗️

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👤 Saeid.Mahbob
📅 01.26.2022
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