Bitcoin can bounce off the resistance line and start fall
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Today, I want to talk to you about the BTC/USDT chart.
On the chart, we can see how Bitcoin formed a triangle and is trading inside.
Now the price is close to the resistance line, but it can retest it and bounce back.
I expect that after a possible retest of resistance line, the price can bounce to breakdown the support line and continue to decline.
Therefore, I see our target at a level 16050.
This is my opinion, I really hope it will be useful for you.
Today, I want to talk to you about the BTC/USDT chart.
On the chart, we can see how Bitcoin formed a triangle and is trading inside.
Now the price is close to the resistance line, but it can retest it and bounce back.
I expect that after a possible retest of resistance line, the price can bounce to breakdown the support line and continue to decline.
Therefore, I see our target at a level 16050.
This is my opinion, I really hope it will be useful for you.
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