HelenP. I Bitcoin can rise a little and then start to decline

2024年2月20日

Hi folks today I'm prepared for you Bitcoin analytics. A not long time ago price traded near support 2, which coincided with the support zone, and then rebounded and started to move up to support 1, which coincided with one more support zone. But when BTC reached this level, it at once rebounded and in a short time declined to the trend line, thereby breaking support 2 with the 42000 - 41000 support zone. After this, the price bounced from the trend line and soon grew higher than support 2, breaking it again and later making a correction, lower the trend line. Then BTC rebounded from support 2 and rose to the trend line, broke this line, and continued to move up near this line to support 1. A short time later, the price reached support 1 and broke it, after which BTC made a correction to the trend line and then made impulse up to 52900 points. But recently, the price declined to the trend line and at the moment it trades close to this line. For my mind, Bitcoin will rise a little more to 53500 and then start to decline lower trend line. Therefore I set my target at 50000 points. If you like my analytics you may support me with your like/comment ❤️

2024年2月21日

註釋

BTC recently broke the trend line, so now I expect that Bitcoin will continue to decline