My analysis reflects a positive fluctuation (target 3411.55).
The analysis consists of these 8 different levels.
A support level (fluctuation level) of 39713.89, support level 45543.36 and a stronger support level of 35484.41
A resistance level of 43482.73, a resistance level of 44485.88, a resistance of 47087.07 and a stronger resistance of 48549.73, and finally a target of 52067.31
I have positioned my purchases at these support levels as both levels are extremely strong. The ongoing price declines have been due to the fact that bitcoin has been through a hefty hardship, which has led to an all-coin crash. I do not think we have reached a bottom, but a position at one of these support levels can ensure a positive return when the crypto market turns around.
The analysis consists of these 8 different levels.
A support level (fluctuation level) of 39713.89, support level 45543.36 and a stronger support level of 35484.41
A resistance level of 43482.73, a resistance level of 44485.88, a resistance of 47087.07 and a stronger resistance of 48549.73, and finally a target of 52067.31
I have positioned my purchases at these support levels as both levels are extremely strong. The ongoing price declines have been due to the fact that bitcoin has been through a hefty hardship, which has led to an all-coin crash. I do not think we have reached a bottom, but a position at one of these support levels can ensure a positive return when the crypto market turns around.