Powerful Uptrend Possible Soon. Different Look at situation

Not investment advice.

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Despite the fact that many traders predict transition of Bitcoin to a lower support level (around 25,000 USDT), I believe that the chance of falling below 28,805 USDT is minimal.

Take a look at the chart. If Bitcoin falls below 28,805 USDT level, then it threatens the beginning of a protracted bear market. I think it won't come to that. Bitcoin has been reaching these heights for too long.

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As expected, another uptrend started yesterday. There is not enough data to say for sure, but I think this uptrend could take Bitcoin to a new level of support.