Technical analysis of Bitcoin for the next six months

Most of the time, price history sticks to charts via various charts, with Japanese candlesticks being one of these methods. Various tools such as support and resistance lines, trend lines, and technical indicators are used to analyze charts in an attempt to identify trend patterns.

Patterns are the basic concept in technical analysis around which everything revolves. The existence of trends in the market is an empirically proven fact, and is of utmost importance to every technical trader. Although daily technical analysis has been criticized in some academic circles for its inefficiency, most practical traders across the financial markets apply at least some form of it, usually in combination with other methods of analysis.

Through my chart, it is clear to me that there will be no correction before breaking the last peak of Bitcoin before it occurs, and I spoke before that there will be no correction before breaking it.

We are now in the correction and the most likely drop is to the initial correction level of 56000-62000. The correction will take place over a period that may extend to next September, and the correction may deepen to the 41000-46000 areas. If this area happens to be broken in the correction, be careful because it is impossible for it to happen based on the date of the chart analysis unless it is There are those who manipulate the security, strength, credibility and privacy of encryption in the world of encrypted digital currencies