Bitcoin can to decline and tested current support level
722
Hello traders, I want share with you my opinion about Bitcoin. When observing Bitcoin we can see a long time price traded below the level 22,000, after which it began to rise and broke through the resistance area. Bitcoin, after a small correction and retest of the current support area, continued to move and rose to the resistance level. After the test level 28860, the price entered the range and was trading inside for a long time. Recently, the price made a fake breakout support line, then formed an upward impulse, broke through the resistance level and went out of range. Bitcoin has continued to move up and is now trading above its current support level. I think the price can make a small correction and go down. So, I set the targets for BTC/USDT at level 2950 and at the support level 28860, which correspond to Fibonacci levels 0.786 and 0.618. Please share this idea with your friends and click Boost 🚀