BITCOIN - Price can correct to support area and rise to $86000

4 Nis

Hi guys, this is my overview for BTCUSDT, feel free to check it and write your feedback in comments👊

Some days ago, the price moved inside rising channel and then made breakout, reaching upper resistance area.

After that, Bitcoin dropped sharply and entered a flat pattern between support and resistance boundaries.

It tested $82300 support level several times, bouncing from this zone without a clear downward breakout.

Recently, the price again touched the support area between $82300 and $81500 and bounced from this demand zone.

Now BTC trades near the middle of the flat and shows signs of strength after holding a support area.

In my opinion, Bitcoin can rise from current range and reach $86000 resistance level in the next move.

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5 Nis

İşlem aktif

Price little declined. For this case, I expect that it will fall a little more and then bounce up to my target.

6 Nis

İşlem kapandı: hedefe ulaştı

Soon, BTC can touch the support level, which is the bottom part of the flat as well. After this, I expect that it will start to grow.