📈Bitcoin price correction / Targets for the Bearish market📉

BTCUSDT
BTCUSD
Hello dear traders. Let's make it simple.

Bitcoin will retest lower levels around 43K. (But the most important dynamic level is the Daily Bollinger midline.)
If the price breaks below the specified area, Bitcoin can fall towards lower targets of $40,000 to around $37,500.

• Many analysts are predicting a sell-off after the approval of the Bitcoin ETF.("Sell the news")
  

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Bình luận:

After the failure of the bearish scenario, Bitcoin took an upward path and is now consolidating within the yellow zone. It is very likely that the price will reach the target of 48 thousand 300 dollars. If the mentioned level is broken, the next target will be $53,000.
If Bitcoin returns to the fork structure. Its primary descending target will be the bottom of the fork.🐱‍👤✍

Bình luận:

BTC didn't stabilize above the yellow area.

Bình luận:

✍🐱‍👤First of all, I apologize for the delay in updating the Bitcoin analysis chart, I was busy with the university final exams for a few days.
After failing to stabilize above the specified range, Bitcoin entered a bearish rally and fell to the range specified in the analysis.💥✌