Bitcoin can little fall and then continue grow to 64700 points

30 thg 8, 2024

Hello traders, I want share with you my opinion about Bitcoin. Observing the chart, we can see that the price some time ago declined to the resistance level, which coincided with the seller zone. After this price started to grow and soon rose from the seller zone to 70100 points, but at once turned around and started to decline inside the pennant. Inside the pennant, BTC broke the 64700 level and fell to the support level, which coincided with the buyer zone and also soon broke this level too. Next, the price reached the support line of the pennant and at once rebounded and in a short time rose to the resistance line of the pennant, breaking the 56600 level one more time. Later, BTC exited from the pennant and started to trades in range, where it rose a little more and then made a correction movement until to bottom part, which coincided with the support level. After this movement, Bitcoin rebounded and rose to the top part, after which some time traded near and a not long time ago dropped to 58000 points. Then it started to grow, and I think BTC can decline a little and then continue to move up. For this case, I set my TP at a 64700 resistance level, which coincided with the top part of the range. Please share this idea with your friends and click Boost 🚀

31 thg 8, 2024

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The price is still moving flat, so I think that a little later Bitcoin can correct a little and then go up

1 thg 9, 2024

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Great! Price little decline, so, at the moment, I expect that BTC can start to grow to my TP