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Hello my dear friends,
Bitcoin closed below the tracking level I determined based on the last wave. This close was my assessment on the 4-hour chart. If there is an increase from the current level, a downward trend may occur around $69,000. The downside target is the $67,000 level.
For closings above $70,000, there will be a resistance zone at 72,000-72,500 levels. When the resistances are broken in volume, new targets await us.
In the decline, the $65,000 level is important. If it closes below $65,000, a downtrend may begin.
However, for now, the expectation is positive.
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