Bitcoin can turn around and start to grow to resistance level

1 мая

Hello traders, I want share with you my opinion about Bitcoin. Observing the chart, we can see that the price a not long time ago rebounded from the current resistance level, which coincided with the resistance area and tried to rise, but failed and fell back, after which at once repeated movement up and reached the 65400 resistance level. Then price made a little correction and started to decline inside the downward channel also, where later BTC rebounded from the support line and in a short time rose to the resistance line, breaking the 65400 level, which coincided with the seller zone. Price some time traded near the resistance line of the channel and later turned around and declined lower than the 65400 resistance level, breaking it one more time. After this, the price continued to decline in the channel to the current resistance level, and when BTC reached this level, the price recently broke it, thereby exiting from the downward channel too. Soon, the price declined lower than the resistance area to 56800 and now continues to decline. In my opinion, Bitcoin can make a little correction move and then start to grow to the 60800 current resistance level, which is my target also. Please share this idea with your friends and click Boost 🚀