LIVEThe analysis I made in the previous article about the possible fall in the price of Bitcoin may be fulfilled due to the absence of investors. As can be seen in the following graph, the analysis I did again is that the price has reached a maximum and then dropped to a minimum, but the next rise does not reach the previous maximum reached.
Therefore, the conclusion of the analysis I have done is that the bullish trend has been exhausted and demand will begin to decrease and supply will increase in the short term (5-9 days), and then in the coming weeks it would fall again until reaching 37 -40 thousand.
This obviously should not be taken as investment advice, whether for buying or selling, but, remember that, even though Bitcoin drops its price, they can generate profits in corrections of the downward trend, by retracing the price when the slope is pronounced in the first impulse to rise again.
Remember, investing is a risk that generates profits or losses. UNDER YOUR ENTIRE RESPONSIBILITY.
