DanilBlinkov

BTCUSDT | Bounce again, when will it end?

BINANCE:BTCUSD.P   BTC Perpetual Futures Contract
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Bitcoin again got a rebound from the $16,750-16,500 resistance zone, I want to believe that this was the last rebound and there will be a breakdown of the $17,000 level soon

In his past, TA spoke about the downward movement at the beginning of the new week to the $16,200 zone

It is also worth paying attention to $16,130 marked with a gray line, a local support level is being formed, there is a buyer’s reaction from there, which is a good sign that we may not see below LOW $15,450 in the near future (well, this is not accurate).

By the way, I fixed my position and re-entered again, in case of leaving below $16,000 I will gain a position.

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