Bitcoin price analysis .

30 Jul 2022

My analysis for Bitcoin is based on weekly and daily time frames. Due to the fact that the price trend of bitcoin is completely downward in higher times and is currently being corrected, which can reach between $30,000 and $32,000 within a period of about 20 days. Finally, after the correction is over, Bitcoin will take a downward trend again and can experience the price of $18,000. There are two important points, one is that if Bitcoin stabilizes at the price of $18,000, it can reach lower numbers up to $13,000. experience again like 2 years ago. The second point is that this analysis will be violated if Bitcoin breaks the $36,000 level with a good volume in its correction process. In that case, in general, the correction process of Bitcoin will become an upward impulse.BTCUSDT