BTC movement and predictions

8 мая 2022 г.

Hello. 34200 is a strong resistance point which had worked once before and bounced from that point to 39k in one day. I think it will support, otherwise there is no resistance till 29k which is accepted as a worst case. Let's see what happens. In any case up trend will start after breaking yellow line. Not recommended to open long till breaking it which is about 37k. If you want to take a risk you can open long but you must stop below 34200.