BTC first Renko target: 35000

This idea analyzes the Ranko chart in daily timeframes. As you can see, Bitcoin has started to decline after respecting the resistance of the EMA20 ($ 44,000). This downward trend continues in the chart and its first target is the support level of Rekco at $ 35,000
Bitcoin's response to this level of support will be significant. If this level of BTCUSD BTCUSD BTCUSDT BYBIT:BTCUSD BTCUSD BTCUSD BTCUSD BTCUSD BTCUSDT BTCUSDT support breaks down, we should expect a further drop in the price of bitcoin