As we see the return of bullish sentiment and hope for a return to the uptrend, at the same time we are faced with a critical situation that has emerged in the 4-hour timeframe of the chart, which provides documentation of the market falling again.
If the upward trend of bitcoin cannot continue from the range of 30,000 to 32,000 dollars, there is a possibility of correcting and completing the distribution pattern and falling again to the range of 22,000 to 20,000 dollars.
If the upward trend of bitcoin cannot continue from the range of 30,000 to 32,000 dollars, there is a possibility of correcting and completing the distribution pattern and falling again to the range of 22,000 to 20,000 dollars.
Comment:
If the price stabilizes above this range, Bitcoin will rise.
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