HelenPI's Bitcoin Forecast: Possible Decline and Uptrend**
HelenPI's analysis suggests Bitcoin may experience a slight decline before resuming growth.
Recently, BTC fell below the $58,300 support level but rebounded after hitting the trend line. The price then broke the $58,300 mark, rose towards the channel's resistance line, and has since corrected near the support level.
HelenPI anticipates Bitcoin will test the trend line once more before rebounding and continuing its upward trajectory. The target is set at $60,800, assuming the support holds and the upward channel remains intact.
Conclusion :
Bitcoin might see a brief dip to the trend line, but it's expected to recover and move towards the $60,800 target. Monitor the support levels closely for potential buying opportunities.
#Bitcoinâ #MarketForecast #MarketSentimentToday #BinanceSquareFamily #BTCâ
