From a technical point of view, the price is currently tending to decline in the medium and short term, which, of course, has reached the important PRZ from the previous pivot at 40,000 to 42,000 and the 200-day average and the 61.8 correction Fibonacci. However a valid bearish crossing of this range increases the probability of a price drop of up to $ 30,000, and A valid bullish return in daily and weekly time, from this range of $ 40,000 to $ 42,000 as shown in the figure, could signal the end of the correction and the start of the bullish wave.
Note that this analysis is done only from a technical point of view and there are strong reasons for long-term ascent and short-term or mid-term correction in terms of fundamentals.
Trading in digital currencies, including bitcoin, is high risk. Be sure to enter with knowledge and caution
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#Bitcoin #Bitcoin #Ali_Nourani #Forex #Crypto #Cryptocurrency #Dodge #Dog_Coin #Stock #Trading #Trader #Broker #Binance
Note that this analysis is done only from a technical point of view and there are strong reasons for long-term ascent and short-term or mid-term correction in terms of fundamentals.
Trading in digital currencies, including bitcoin, is high risk. Be sure to enter with knowledge and caution
.
.
.
#Bitcoin #Bitcoin #Ali_Nourani #Forex #Crypto #Cryptocurrency #Dodge #Dog_Coin #Stock #Trading #Trader #Broker #Binance