Hi folks today I’m prepared for you Bitcoin analytics. If we look at the chart, we can see how some days ago price bounced from the 30000 resistance level, which coincide with the resistance zone, and started to rise to the trend line. After BTC reached the trend line, it rebounded down and firstly fell to the 30000 – 30200 resistance zone and later declined below, thereby breaking the resistance 30000 level. Then the price fall to the 28900 support level, which is located inside from 29000 – 28800 support zone, and soon bounced up and started trades near. Also recently, the price fell to the support level again, but at once rebounded to the trend line, where a not long time ago rolled back to the 29000 – 28800 support zone. At the moment price trades near this zone and I expect that Bitcoin can decline to the support level, which is located in the support zone, and then start to rise to the trend line. For this case, I set up my target at the 29500 level. If you like my analytics you may support me with your like/comment ❤️
