We Will Fall For A Longer Time
There are bearish signals on the daily chart.
Bitcoin's value may show a gradual rise towards the $64,896 level. However, this point should not be considered as strong support. If Bitcoin can hold this level for a while, it may have a chance to rise. If this support is broken, the next support point will be $61,779. Afterwards, there is a stronger support level at $58,354 from which a recovery is more likely. At lower levels, $52,640 and $48,216 can be seen as areas where investors can gain confidence. These declines can present truly attractive buying opportunities. Especially the $52,640 level should be watched carefully. The lowest point below this level is determined as $ 42,000. This level is the gateway to the old support points I have mentioned in the past and should be watched carefully.
If Bitcoin starts to rise, the levels I mentioned may be exceeded respectively and surpass the all-time high of $73,777. This is not a very strong point of resistance. Higher levels await at $74.78, $83, $90, $93 and above, respectively.
Do your own studies. These are my ideas and I am a dreamer. #Bitcoin
There are bearish signals on the daily chart.
Bitcoin's value may show a gradual rise towards the $64,896 level. However, this point should not be considered as strong support. If Bitcoin can hold this level for a while, it may have a chance to rise. If this support is broken, the next support point will be $61,779. Afterwards, there is a stronger support level at $58,354 from which a recovery is more likely. At lower levels, $52,640 and $48,216 can be seen as areas where investors can gain confidence. These declines can present truly attractive buying opportunities. Especially the $52,640 level should be watched carefully. The lowest point below this level is determined as $ 42,000. This level is the gateway to the old support points I have mentioned in the past and should be watched carefully.
If Bitcoin starts to rise, the levels I mentioned may be exceeded respectively and surpass the all-time high of $73,777. This is not a very strong point of resistance. Higher levels await at $74.78, $83, $90, $93 and above, respectively.
Do your own studies. These are my ideas and I am a dreamer. #Bitcoin
