My analysis of the price of bitcoin in the not-too-distant future could be:
1. If a week after stabilizing above $32,000, it can be imagined that we will experience a market increase of up to $39,000, and after contacting this value relative to the strength of the trend, I can decide what the price will react.
2. At the break of $28,200, we can expect to lose up to $24,000.
Note that the price shows very significant reactions to the curved lines that I have drawn, which I can use to analyze the price of bitcoin.
This is neither a buy signal nor a sell signal after the final decision.
Do not forget capital management.
Do not forget to like and comment if you enjoy this kind of analysis.
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