What will be the trend of BITCOIN?

17 May 2021

If Bitcoin is supported and it can break the resistance from the 61.8% Fibonacci level the floor-to-edge projection upwards, it could move to the 100% Fibonacci level and touch the price of $ 125,000 to $ 126,000. But if the correction continues (which is a much stronger possibility) it can continue to fall to the level of support caused by roof A or even more than that to level B. I believe the price of bitcoin will drop to about $ 20,000.0.