About 3 months after the previous analysis, Bitcoin is still moving in a horizontal and slow trend. With the new review of the chart, it can be said that the specified ranges for the movement of Bitcoin are the same as before, and it is still expected that the upward trend of Bitcoin will end around $83,000 and start a relatively large price correction.
According to the recent movement of volume indicators and Dominance Teter, the updated charts are as follows.
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Finally, due to the price compression and the increased sensitivity of the specified ranges on the bitcoin chart, if the price of bitcoin penetrates below $59,500, it will most likely lose its credibility and the scenario of moving towards $83,000 will be cancelled. will be .
The analysis will be updated again if the main support is mentioned or the price moves towards $83,000