BTC/USDT

Bitcoin is retreating in the range of $ 53,000 to $ 55,000 after breaking its uptrend line. But the $ 41,000 support area is important. This support area is in the range of 0.5 to 0.618 Fibonacci and is also a fixed support area that we predict Bitcoin will support in this area, but if this area is broken, it will form a lower valley than the previous one and the trend will fall completely. It will increase to about $ 53,000, but this is another very strong resistance range. Here, if Bitcoin can break the $ 53,000 range, it can be said that Bitcoin has entered the ascending phase and is pumping in the $ 100,000 range, but if Bitcoin can not cross the $ 53,000 to $ 55,000 range, Bitcoin has entered The stage is ascending. His ascendant phase is suspicious of the head and shoulders pattern and he can pursue the $ 30,000 and $ 20,000 targets.

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