First, I must say that I have good news for Bitcoin fans: Bitcoin has been moving in an Ascending Channel since July 2017, so there is still nothing to worry about, and there is a possibility of Bitcoin growth (Bitcoin has reacted well to all ascending channel lines).
🔆A question I hear a lot these days: Where is the end of the bear market❗️❓
🔆The answer to the above question is available in my chart 😊.
In my opinion, the end of the bear market can be in the heavy support zone.
Also, Bitcoin has lost about 80% in its first fall from the top of the ascending channel, and it is expected that the current drop amount will also be about 80% (exactly in the heavy support zone).
🟢Heavy Support zone🟢: $13880 - $11280
🔴Heavy Resistance zone🔴: $36540 - $28800
Bitcoin Analyze ( BTCUSDT ), Weekly Timeframe⏰.
Do not forget to put Stop loss for your positions (For every position that you want to open).
Please follow your strategy, this is just my Idea, and I will be glad to see your ideas in this post.
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