It's not a guess or the precision of mother Dina, these are metrics that can help understand the direction of the price of bitcoin. Don't be alarmed because short-term noise is like heartbeats going up and down, sometimes faster and sometimes slower. However, in the long term, the price becomes a giant and ambitious slope.
Did we make a fund in bitcoin?
According to analysts, the Bitcoin chart is undergoing a consolidation movement. In the short term, when we put the 1-DAY chart, the price of Bitcoin from its maximum of 73k has consolidated within this price, having a new low recently at 49k, but the closing remained within the consolidation zone, see the chart below 👇:
With this we do have laterality, even if it is in the medium term.
Now we know that bitcoin is being increasingly adopted by people and the buying force is increasingly resilient, long-term holders made the biggest purchase in the last correction movement. And did you take the opportunity to accumulate more $BTC ? Today, if the price closes above the opening, we will have a possible return to the historical maximum, because the opposite is true! #bitcoin
