After strong upward movement, BTC can correct to support level

Hello traders, I want share with you my opinion about Bitcoin. By observing the chart, we can see that the price a not long time ago started to trades in an upward channel, where it at once rebounded from the resistance line and declined to the support line, breaking the 43200 support level, which coincided with the support zone. After this, the price tried to rise to the support zone, but failed and soon it bounced from this zone and declined back to the support line of the channel. Next, BTC repeated movement up, and this time, the price broke the support level. But later price in a short time declined to support line of the channel, after which BTC made impulse up to the 45700 resistance level, which coincided with the resistance line of the channel and seller zone. Then price declined back to the support line and soon made a strong upward impulse to 48000 points, thereby exiting from the channel and breaking the resistance level. After this movement, BTC recently started to decline and at the moment it trades below the 45700 level. So, possibly Bitcoin can continue to decline to support level. Therefore I set my target at the 43200 support level, and then we'll see where BTC continues to move. Please share this idea with your friends and click Boost 🚀

Comment:

The chart shows how BTC turned around and made a strong upward impulse higher than the resistance level, not the correction movement how I thought. Now it trades higher than the 47000+ level and in my mind, Bitcoin can grow to 48500 and then it will make a correction to the seller zone.

Comment:

So, as I thought, BTC rose to 48500 and even a little higher, after which it made a correction movement to the seller zone, where at the moment it continues to trade. Now, I think Bitcoin can decline to the 45700 level and then turn around, and start to move up, we'll see