Happy new year everyone, and Thanks for following me in 2021.
The current Bitcoin price pattern is very similar to the price pattern during the correction between April-June 2021.
In both cases, we see a sideway after a sharp drop.
I think there is a good chance we see price action to 45.5 K in the next 1-5 days and then a 10-15% increase in the price up to 52K.
This analysis will be updated in the next few days!
Do not rush to open a long position! wait for a proper reversal pattern!
Wish you a year full of success and prosperity!
Best,
Moshkelgosha
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