bitcoin Analysis By Bitcoin.Salimi

In the weekly time frame, Bitcoin is stuck in the range of $30,000 to $65,000 and there is a tendency towards a downward trend. If the pattern ab = cd is assumed, that means bitcoin completes step a to b from c to d, the target will give $23,000, but this pattern is not permanent, and the above scenario will be valid if the support of $28,000 fails, and if Keeping the price of Bitcoin above this price is even possible to enter the $40,000 channel. In the 4-hour time frame, if the $33,000 resistance is broken, the market can temporarily rise and grow to the $36,000 target. The analyst's opinion is that the price will rise to $33,000 and then fall to $23,000.