ahmed_elshehapy

BTC VS USD, Bitcoin 4 hour frame

BINANCE:BTCUSDT   Bitcoin / TetherUS
I think we will see this movement of Bitcoin in the short term or during the current week
Especially as long as the price is below the orange area, specifically as long as it is below the level 32555

In other words, we are about to see a new bottom near 25k, 24k
It is worth noting that we may see a difference in the price at the level of the platforms, as happened at the last bottom shown on the chart at the level of 26687, this bottom you will see at a different price on other platforms

In a nutshell, I expect to break the last bottom and form a new bottom lower than it, and then we will witness a rise after that targeting the levels of 34 thousand and 36 thousand

If this does not happen and we witness a direct rise from the current levels without achieving a new bottom as I explained, this still means for me that the possibility of forming the bottom is still valid and has not ended, and the reason is that the 34.36 area is resistance and a selling area

There are many reasons why I see that the main bottom that we are all waiting for has not yet appeared and we must wait for it,,

If you are interested to know those reasons, do not forget to follow me until you know my reasons that I am talking about because I will explain them in detail and attach to them the daily chart

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