#BITCOIN ANALYSIS š§
Letās take a look at the graph from our previous analysis!
You can see that the price of
$BTC rebounded from this resistance of 34,400 in a bullish manner, completely normal.
The RSI in D/W/M are too high, and this balance between 34500 and 35500 USDT/BTC slightly corrects this currently too high indicator.
The Ichimoku clouds being below the price of bitcoin, proves to us that demand is above average (green zone) which is a good omen for the continuity of this ābull-runā
We can predict an increase in the price towards 37500 which will be the next resistance without too much pretension and hope for a possible rise to 42400 by undergoing some corrections.
Good day to you
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