WalterMoon

BITCOIN - Price can make correction to $49000 support level

שורט
COINBASE:BTCUSDT   Bitcoin / Tether
Hi guys, this is my overview for BTCUSDT, feel free to check it and write your feedback in comments👊

When price started to trades in flat, price some time traded near $41300 level, which coincided with support area and bounced up.

After this, BTC rose to $49000 level, exiting from flat and entering to triangle, where price made downward impulse.

Price declined from resistance line to support line of triangle, breaking $41300 level, but soon price rose higher this level.

Next, Bitcoin made strong upward impulse to $49000 level, which coincided with support area, thereby exiting from triangle.

Also soon, price broke this level and recently rose higher support area, and now I think Bitcoin can little grow firstly.

Then price will turn around and start to decline to $49000 support level.

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