Greetings! Bitcoin has broken through the $32,700 resistance level and is trying to gain a foothold above. At the moment, if the support holds, then we will go to the resistance level of $34,000 in order to break through.
I drew a descending channel for Bitcoin. While it is being worked out. Therefore, I am more inclined that upon breaking through $34,000, the price will hit the area of $35,000 - $35,500 and go down. But you will need to look already in place. If the scenario changes back to a downtrend, then the price may go down by $27,500.
If you like my ideas, please click the "Like" button. I'll be glad.
Have a nice day and let the profit be with you!
I drew a descending channel for Bitcoin. While it is being worked out. Therefore, I am more inclined that upon breaking through $34,000, the price will hit the area of $35,000 - $35,500 and go down. But you will need to look already in place. If the scenario changes back to a downtrend, then the price may go down by $27,500.
If you like my ideas, please click the "Like" button. I'll be glad.
Have a nice day and let the profit be with you!
