What is the next move of Bitcoin?

Based on our analysis, the red box is a very strong supply and is related to the above timeframes.

We expect to have rejects from this area to the 35K to 36K channel.

This movement may take some time, but we should note that the price receives a lot of sell orders from the red box

We have already predicted the recent Bitcoin pump. Refer to the related analysis section of this analysis below

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It has dropped more than 15% from the red range.

We have warned several times for the Bitcoin that the 49,000-52,000 range is very strong resistance.