Bitcoin 11.04.2022

Bitcoin is moving in an ascending channel that is the bear flag in a downtrend. Shortly, I expect a price correction to the support line and premium Fibonacci levels around 0,705. The average BTC purchase price of many large funds is around these levels. I think we will grow up to the 50-52K zone in May, and by the summer it will go for a correction to 30K.

Best regards,
EXCAVO

Trade attivo:

Touched support line of the channel