Hello traders ,what do you think about BITCOIN? After reaching the ceiling of the channel and the resistance range of 49,000, Bitcoin fell to the range of 38,500 after announcing the news of ETF approval, and now it has compensated some of its fall and is at the level of 42,500.
We do not expect this upward movement to continue in the short term. Here, 2 scenarios may occur, which are indicated in the chart, that from each of the specified areas, we expect to fall to the specified level.
If this post was useful to you, do not forget to like and comment.❤️