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As seen on the chart, we have a trendline breakout and a trendline breakout and a retest which was followed by a bearish move.
Price also broke out of the demand zone to the available support zone at $39,600.
Price is bullish right now to the previous support, now resistance at $45,500.
After Bitcoin hit this price, I expect a fall to $35,000 before it continue with the bigger trend.
What do you think?
Share your opinion in the comment sectionโ๏ธ
Follow me to receive more updates on BTCUSD ( BITCOIN ) ๐ค
Happy Trading๐ฐ๐ฅณ๐ค
Not a financial advice๐ ๐ผโโ๏ธ
As seen on the chart, we have a trendline breakout and a trendline breakout and a retest which was followed by a bearish move.
Price also broke out of the demand zone to the available support zone at $39,600.
Price is bullish right now to the previous support, now resistance at $45,500.
After Bitcoin hit this price, I expect a fall to $35,000 before it continue with the bigger trend.
What do you think?
Share your opinion in the comment sectionโ๏ธ
Follow me to receive more updates on BTCUSD ( BITCOIN ) ๐ค
Happy Trading๐ฐ๐ฅณ๐ค