As you can see the Bitcoin chart shows a strong downtrend from the price at $69,000. We're now in a strong support zone at $43,000 and we may see a bounce upside because of the weekly support zone.
The other scenario which could be possible is the support zone at $31,000.
The weekly chart shows also a double-top pattern, so don't be surprised if the price goes to $31,000 and test that support.
The other scenario which could be possible is the support zone at $31,000.
The weekly chart shows also a double-top pattern, so don't be surprised if the price goes to $31,000 and test that support.