FirstNameHelen

HelenP. I Bitcoin will little rise more and then start decline

Short
BINANCE:BTCUSDT   Bitcoin / TetherUS
Hi folks today I'm prepared for you Bitcoin analytics. If we look at the chart we can see how the price some days ago price declined to support 2, which coincided with the support zone, but then it rebounded and started to move up and in a short time reached support 1. After this movement, BTC rebounded and soon fell to support 2 back and even later broke this level and declined to the trend line. As well, the price started to trades in a triangle, where it turned around from the trend line and started to rise to support 1. In a short time later BTC broke support 2 and then made a correction to the trend line. Then price rebounded and continued to move up to support 1. Soon, the price reached this level, which coincided with one more support zone and broke it, thereby exiting from the triangle pattern too, after which BTC made a retest and continued to move up. For this reason, I expect that Bitcoin will little grow more, and then start to decline to the support zone. That's why I set my target at the 49000 level. If you like my analytics you may support me with your like/comment ❤️

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