Bitcoin / TetherUS
Long

Bitcoin has tested support area and can continue to rise

688
Hello traders, I want share with you my opinion about Bitcoin. When observing Bitcoin, we can see how the price formed the seller zone 30200-30540, retested it and began to fall. The price broke through the level 28265 and traded lower for some time. Over time, the price increased, retested the resistance line and continued to fall. After a deep upward correction, Bitcoin make a fake breakout resistance line and continued downward move and broke through support level 28265. After a small correction, the price continued to decline and reached the level 25840, from which it rose and traded higher for some time. Having dropped the price, it retested the support line, bounced off, began to rise and broke through the resistance area. After reaching the resistance level, the price bounced and rolled back to the current support area 27100-26930. So far, the price has tested the support area and is trading higher. I think the price can continue upward move and reach the resistance level. In this case, I set the targets at level 26650 and at level 28265. Please share this idea with your friends and click Boost 🚀

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