Friends, this is bitcoin analysis based on pitchfork
Bitcoin came out of its purple upward pitchfork, hitting the first resistance line in the middle of the blue pitchfork
If it crosses this resistance, it will have two resistors , 200-day weekly moving at 25300 and the middle line of dark descending pichfork at approximately 22600 to 23000, which may be the end of the descending C wave, but if it wants to drop more, the lower lines of the descending pitchfork with Black color is our resistance
Now, in order to return to the uptrend, Bitcoin must first return to the purple pitchfork and then exit the descending black pitchfork.
BTCUSDT
BTCUSDT
Bitcoin came out of its purple upward pitchfork, hitting the first resistance line in the middle of the blue pitchfork
If it crosses this resistance, it will have two resistors , 200-day weekly moving at 25300 and the middle line of dark descending pichfork at approximately 22600 to 23000, which may be the end of the descending C wave, but if it wants to drop more, the lower lines of the descending pitchfork with Black color is our resistance
Now, in order to return to the uptrend, Bitcoin must first return to the purple pitchfork and then exit the descending black pitchfork.
BTCUSDT
BTCUSDT