📌Technical Analysis:
✍️ Summary: In summary, Bitcoin can experience a price drop to the $27,000 level by breaking the support level of $29,500 after consuming sell orders behind the $31,500 resistance level. If the support level of $29,500 is not broken, and the resistance level of $32,400 is broken and consolidated above, the mentioned downward scenario will lose its credibility for Bitcoin's price.
✍️ Summary: In summary, Bitcoin can experience a price drop to the $27,000 level by breaking the support level of $29,500 after consuming sell orders behind the $31,500 resistance level. If the support level of $29,500 is not broken, and the resistance level of $32,400 is broken and consolidated above, the mentioned downward scenario will lose its credibility for Bitcoin's price.
Trade active:
"Bitcoin has moved according to the pattern drawn in this timeframe and is currently in a good profit. It is expected that Bitcoin can touch the range of $27,000 in the first step."
Trade closed: target reached:
"Dear friends,
Finally, the pattern has manifested itself on the chart. As we mentioned in the analysis, there was a likelihood of the formation of the Wyckoff Theory after the liquidity ceiling, which has now materialized with a near 16% decline."
😎😎😎
"Dear friends,
Finally, the pattern has manifested itself on the chart. As we mentioned in the analysis, there was a likelihood of the formation of the Wyckoff Theory after the liquidity ceiling, which has now materialized with a near 16% decline."
😎😎😎
