BTC can see lower supports!!!

14 de mar. de 2022

Hi guys, please pay attention to this analysis. According to this chart first we had a sharp movement that end of the it was 42-43k. after that we started a downward trend that end of it was 33k. Finally we have trading range and we are inside it now. The highest price in trading range can be equal to end of the sharp movement or the points that we had contact with downward trend. like points 1-2-3. As we see in the chart the highest price in trading range is around the price of point 2 and the lowest price in trading range can be around the price at the end of the downward trend. All these explanations are evidence for my analysis. so I see lower prices for BTC. In my opinion at least BTC can see the lowest price in trading range again. It is about 34k. Finally if supply pressure is high BTC will see the lower supports like 30k.