BTC-Bitcoin Analysis By bitcoin.salimi

Bitcoin is fluctuating at the bottom of its long-term 9-year channel, and the bottom of this channel is in the price range of $16,000-18,000, which has the possibility of pulling back and growing again to its historical peak in 2018, but in the daily and weekly time frame. Pessimistically, if the bottom of the channel breaks, there is a possibility of falling to the range of $13,000-$11,000, in which case we have entered the crypto winter. To start the upward trend, it is necessary to break the static and dynamic resistance range of $34,000 upwards, which will quickly It will not happen. According to the analyst, the drop will eventually reach the price of $16,000, and there is an upward price growth, and the drop to the $13,000 range is out of the question.