Hello to all members of TradingView and my followers.
With a good return from the $ 18,000 range, Bitcoin showed that this level of support could prevent further bitcoin losses for at least a few days.
The reversal is strong, but to get higher, at least in the 4-hour timeframe, the $ 23,000 resistance needs to be broken, so we can expect Bitcoin to take a short-term uptrend. By breaking the downtrend line and turning this level into support, Bitcoin will likely have another uptrend to the resistance of the $ 22,000 price channel.
If it is helpful to you, please like it. If you have a comment, I'll be happy to know.
Respectfully.
With a good return from the $ 18,000 range, Bitcoin showed that this level of support could prevent further bitcoin losses for at least a few days.
The reversal is strong, but to get higher, at least in the 4-hour timeframe, the $ 23,000 resistance needs to be broken, so we can expect Bitcoin to take a short-term uptrend. By breaking the downtrend line and turning this level into support, Bitcoin will likely have another uptrend to the resistance of the $ 22,000 price channel.
If it is helpful to you, please like it. If you have a comment, I'll be happy to know.
Respectfully.
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