HelenP. I Bitcoin can continue to grow to resistance level

16. Aug.

Hi folks today I'm prepared for you Bitcoin analytics. If we look at the chart we can see how the price rebounded from the resistance zone to the support level, thereby breaking the resistance level and soon breaking the 56000 level too. After this movement, it fell to the trend line, but at once turned around and made a strong impulse up and broke the support level again. Later, it made a retest and in a short time rose to 61300 level, and even entered to resistance zone, but soon turned around and exited from this area. Price some time traded near the resistance level and then made a small correction movement from this level, after which it quickly came back. Some time later, BTC rebounded from the 61300 level again and dropped to the trend line, but a not long time ago it started to grow. So, I expect that BTCUSDT will make a correction movement to almost the trend line, after which turn around and continue to grow to the resistance level. That's why I set my goal at 61300 level. If you like my analytics you may support me with your like/comment ❤️