Bitcoin continues to correct.
On its way, Bitcoin hit the resistance area of the dynamic line and could not cross it .
Even the Elliott correction wave from A to B can not pass the dynamic resistance line .
As you can see, the downward trend line of RSI has not been broken .
Overall we are heading towards 33k .
BTC may have a minor correction in its path and continue its path after hitting the support area of 38500 .
At the end, BTC may reach 24700 with further modification and this is the final station .
The next destination will be 53k .
This is not an offer to trade and is only a personal opinion .
Thank you for paying attention to my comment .
Even the Elliott correction wave from A to B can not pass the dynamic resistance line .
As you can see, the downward trend line of RSI has not been broken .
Overall we are heading towards 33k .
BTC may have a minor correction in its path and continue its path after hitting the support area of 38500 .
At the end, BTC may reach 24700 with further modification and this is the final station .
The next destination will be 53k .
This is not an offer to trade and is only a personal opinion .
Thank you for paying attention to my comment .
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