As shown in the chart, the slope of the price decline has decreased (from -13.78 to -8.44)
Given the strong support line at 42K, the bitcoin price trend is likely to rise
In order for the price to rise, the price must cross the resistance line (green drawn) and a strong candlestick will form on top of it, in which case the price of bitcoin is likely to increase up to 50 k.
This is my only opinion .Please share your opinions .I believe ,there's always more to learn!
Given the strong support line at 42K, the bitcoin price trend is likely to rise
In order for the price to rise, the price must cross the resistance line (green drawn) and a strong candlestick will form on top of it, in which case the price of bitcoin is likely to increase up to 50 k.
This is my only opinion .Please share your opinions .I believe ,there's always more to learn!